{"id":54273,"date":"2016-10-16T08:18:58","date_gmt":"2016-10-16T01:48:58","guid":{"rendered":"http:\/\/moemaka.com\/?p=54273"},"modified":"2016-10-16T08:18:58","modified_gmt":"2016-10-16T01:48:58","slug":"%e1%80%b1%e1%80%80%e1%80%ba%e1%80%ac%e1%80%b9%e1%80%99%e1%80%ba%e1%80%b4%e1%80%ad%e1%80%b8%e1%80%91%e1%80%bc%e1%80%94%e1%80%b9%e1%80%b8-%e1%80%bb%e1%80%99%e1%80%94%e1%80%b9%e1%80%99%e1%80%ac","status":"publish","type":"post","link":"https:\/\/moemaka.net\/wpmmk\/archives\/54273","title":{"rendered":"\u1031\u1000\u103a\u102c\u1039\u1019\u103a\u1034\u102d\u1038\u1011\u103c\u1014\u1039\u1038 – \u103b\u1019\u1014\u1039\u1019\u102c\u1031\u1010\u102c\u1004\u1039\u101e\u1030\u1019\u103a\u102c\u1038\u1021\u1031\u107e\u1000\u103c\u1038 \u1021\u101b\u1014\u1039\u1005\u1015\u102b\u1038\u103b\u1015\u101e\u1014\u102c\u108f\u103d\u1004\u1039\u1037 \u1017\u101f\u102d\u102f\u1000\u102f\u1014\u1039\u1005\u100a\u1039\u1016\u101c\u103d\u101a\u1039\u1012\u102d\u102f\u1004\u1039\u107e\u1000\u102e\u1038 (\u1021\u1015\u102d\u102f\u1004\u1039\u1038-\u1041)"},"content":{"rendered":"

<\/a><\/p>\n

\u1031\u1000\u103a\u102c\u1039\u1019\u103a\u1034\u102d\u1038\u1011\u103c\u1014\u1039\u1038 – \u103b\u1019\u1014\u1039\u1019\u102c\u1031\u1010\u102c\u1004\u1039\u101e\u1030\u1019\u103a\u102c\u1038\u1021\u1031\u107e\u1000\u103c\u1038 \u1021\u101b\u1014\u1039\u1005\u1015\u102b\u1038\u103b\u1015\u101e\u1014\u102c\u108f\u103d\u1004\u1039\u1037 \u1017\u101f\u102d\u102f\u1000\u102f\u1014\u1039\u1005\u100a\u1039\u1016\u101c\u103d\u101a\u1039\u1012\u102d\u102f\u1004\u1039\u107e\u1000\u102e\u1038 (\u1021\u1015\u102d\u102f\u1004\u1039\u1038-\u1041)
\n(Commodities Exchange Center)<\/span><\/b><\/div>\n
(\u1019\u102d\u102f\u102f\u1038\u1019\u1001)\u00a0\u1031\u1021\u102c\u1000\u1039\u1010\u102d\u102f\u102f\u1018\u102c \u1041\u1046\u104a \u1042\u1040\u1041\u1046<\/span><\/b><\/div>\n
\u1021\u1011\u1000\u1039\u1015\u102b\u103b\u1015\u101e\u1014\u102c\u1019\u103a\u102c\u1038 \u1021\u102c\u1038\u101c\u1036\u102f\u1038\u101e\u100a\u1039 \u1031\u103b\u1016\u101b\u103d\u1004\u1039\u1038\u1001\u103a\u1000\u1039 \u1010\u1005\u1039\u1001\u102f\u1010\u100a\u1039\u1038\u1031\u1015\u105a\u1010\u103c\u1004\u1039 \u101b\u103d\u102d\u1031\u1014\u1015\u102b\u101e\u100a\u1039\u104b \u101c\u103c\u1014\u1039\u1005\u103c\u102c\u1019\u103d \u1021\u1036\u1037\u107e\u101e\u1019\u102d\u101e\u100a\u1039\u1019\u103d\u102c \u1005\u102d\u102f\u1000\u1039\u1015\u103a\u102d\u1033\u1038\u1031\u101b\u1038 \u1031\u1010\u102c\u1004\u1039\u101e\u1030\u101c\u101a\u1039\u101e\u1019\u102c\u1038 \u1046\u1040% \u1000\u102d\u102f \u1021\u1031\u103b\u1001\u1001\u1036\u103b\u1015\u102e\u1038 \u1005\u102e\u1038\u1015\u103c\u102c\u1038\u1031\u101b\u1038 \u1010\u100a\u1039\u1031\u1006\u102c\u1000\u1039\u1031\u1014\u1031\u101e\u102c \u103b\u1019\u1014\u1039\u1019\u102c\u108f\u102d\u102f\u1004\u1039\u1004\u1036\u101c\u102d\u102f \u108f\u102d\u102f\u1004\u1039\u1004\u1036\u1019\u103a\u102d\u1033\u1038\u1010\u103c\u1004\u1039 \u1011\u102d\u1031\u101b\u102c\u1000\u1039\u1031\u101e\u102c \u1031\u103b\u1016\u101b\u103d\u1004\u1039\u1038\u1001\u103a\u1000\u1039\u1000\u102d\u102f \u1019\u100a\u1039\u101e\u1030\u1010\u1005\u1039\u1025\u102e\u1038 \u1010\u1005\u1039\u1031\u101a\u102c\u1000\u1039\u1000\u1019\u103d \u101a\u1031\u1014\u1095\u1021\u1011\u102d \u1001\u103a\u103b\u1015\u108f\u102d\u102f\u1004\u1039\u1031\u101e\u1038\u103b\u1001\u1004\u1039\u1038 \u1019\u101b\u103d\u102d\u101e\u100a\u1039\u1037\u1021\u1010\u103c\u1000\u1039 \u103b\u1016\u1005\u1039\u1015\u102b\u101e\u100a\u1039\u104b* \u1015\u102d\u102f\u104d \u101c\u103c\u1014\u1039\u1000\u1032\u1005\u103c\u102c \u1021\u1036\u1037\u107e\u101e\u1005\u101b\u102c\u1031\u1000\u102c\u1004\u1039\u1038\u101e\u100a\u1039\u1019\u103d\u102c \u1011\u102d\u102f\u1031\u103b\u1016\u101b\u103d\u1004\u1039\u1038\u1001\u103a\u1000\u1039\u1000\u102d\u102f \u1000\u1019\u107b\u102c\u1031\u1015\u105a\u101b\u103d\u102d \u1021\u103b\u1001\u102c\u1038\u108f\u102d\u102f\u1004\u1039\u1004\u1036\u1019\u103a\u102c\u1038\u1005\u103c\u102c \u1010\u103c\u1004\u1039 \u1031\u1021\u102c\u1004\u1039\u1031\u1021\u102c\u1004\u1039\u103b\u1019\u1004\u1039\u103b\u1019\u1004\u1039 \u1031\u1000\u103a\u102c\u1039\u101c\u108a\u102c\u1038\u1031\u103b\u1016\u101b\u103d\u1004\u1039\u1038\u1001\u1032\u1037\u103b\u1015\u102e\u1038 \u103b\u1016\u1005\u1039\u103b\u1015\u102e\u1038 \u1011\u102d\u102f\u1005\u1014\u1005\u1039\u104f \u1047\u1040% \u1031\u101c\u102c\u1000\u1039\u1000\u102d\u102f \u1000\u1030\u1038\u1001\u103a\u103b\u1015\u102e\u1038 \u1043\u1040%\u1031\u101c\u102c\u1000\u1039\u1000\u102d\u102f \u1019\u102d\u1019\u102d\u1010\u102d\u102f\u1004\u1039\u1038\u103b\u1015\u100a\u1039\u1021\u1031\u1014\u1021\u1011\u102c\u1038\u108f\u103d\u1004\u1039\u1037 \u1021\u100a\u102e \u103b\u1015\u1033\u103b\u1015\u1004\u1039\u103b\u1015\u102e\u1038 \u1021\u101e\u1036\u102f\u1038\u1001\u103a\u103b\u1001\u1004\u1039\u1038\u103b\u1016\u1004\u1039\u1037 \u101a\u1031\u1014\u1095 \u101b\u1004\u1039\u1006\u102d\u102f\u1004\u1039\u1031\u1014\u101b\u1031\u101e\u102c \u1031\u1010\u102c\u1004\u1039\u101e\u1030\u101c\u101a\u1039\u101e\u1019\u102c\u1038 \u1021\u1031\u107e\u1000\u103c\u1038\u108f\u103d\u1004\u1039\u1037 \u1018\u102f\u101b\u1004\u1039\u1037\u1031\u1014\u102c\u1004\u1039\u1000\u102f\u1014\u1039\u1005\u100a\u1039\u1012\u102d\u102f\u1004\u1039 \u103b\u1015\u101e\u1014\u102c\u1031\u1010\u102c\u1039\u1031\u1010\u102c\u1039\u1019\u103a\u102c\u1038\u1019\u103a\u102c\u1038\u1000\u102d\u102f \u1031\u103b\u1016\u101b\u103d\u1004\u1039\u1038\u108f\u102d\u102f\u1004\u1039\u103b\u1001\u1004\u1039\u1038 \u103b\u1016\u1005\u1039\u1015\u102b\u101e\u100a\u1039\u104b* \u101c\u1030\u1095\u1018\u101d \u1021\u1031\u103b\u1001\u1001\u1036\u1000\u101e\u100a\u1039\u1015\u1004\u1039\u101c\u103d\u103a\u1004\u1039 \u101a\u1001\u1004\u1039\u1000 \u101c\u1000\u1039\u1001\u1036\u1011\u102c\u1038\u1031\u101e\u102c \u1021\u1031\u1010\u103c\u1038\u1010\u1005\u1039\u1001\u102f \u101a\u1036\u102f\u107e\u1000\u100a\u1039\u1019\u1088\u1010\u1005\u1039\u1001\u102f\u1000\u102d\u102f \u101b\u102f\u1010\u1039\u1010\u101b\u1000\u1039 \u1031\u103b\u1015\u102c\u1004\u1039\u1038\u101b\u1014\u1039 \u1001\u1000\u1039\u1001\u1032\u1015\u102b\u101e\u100a\u1039\u104b \u1011\u102d\u102f\u101e\u102d\u102f\u1095 \u1031\u103b\u1015\u102c\u1004\u1039\u1038\u101c\u103c\u1032\u101b\u1014\u1039 \u101e\u1004\u1039\u101a\u1030\u1019\u1088\u1021\u101e\u1005\u1039\u1019\u103a\u102c\u1038\u101c\u102f\u1015\u1039\u101b\u1014\u1039 \u1019\u103a\u102c\u1038\u1005\u103c\u102c\u101c\u102d\u102f\u1021\u1015\u1039\u1031\u1014\u1031\u101e\u102c \u1021\u1001\u103a\u102d\u1014\u1039\u1000\u102c\u101c \u103b\u1016\u1005\u1039\u1031\u1014\u1015\u102b\u101e\u100a\u1039\u104b \u101e\u102d\u1015\u1078\u1036\u1015\u100a\u102c\u101b\u103d\u1004\u1039\u107e\u1000\u102e\u1038 \u1021\u102d\u102f\u1004\u1039\u1005\u1010\u102d\u102f\u1004\u1039\u1038 \u1031\u103b\u1015\u102c\u1001\u1032\u1037\u1031\u101e\u102c \u1019\u103d\u1010\u1039\u101e\u102c\u1038\u1005\u101b\u102c \u1005\u1000\u102c\u1038\u1031\u101c\u1038\u1000\u102d\u102f \u1024\u1031\u1014\u101b\u102c\u1010\u103c\u1004\u1039 \u1000\u102d\u102f\u1038\u1000\u102c\u1038\u101c\u102d\u102f\u1015\u102b\u101e\u100a\u1039\u104b “\u101b\u1030\u1038\u101e\u103c\u1015\u1039\u103b\u1001\u1004\u1039\u1038 \u1006\u102d\u102f\u101e\u100a\u1039\u1019\u103d\u102c \u101c\u102f\u1015\u1039\u1031\u1014\u1000\u103a \u1021\u101c\u102f\u1015\u1039\u1000\u102d\u102f \u1006\u1000\u1039\u101c\u102f\u1015\u1039\u1031\u1014\u103b\u1015\u102e\u1038 \u1010\u1005\u1039\u1019\u1030\u1030\u1038\u103b\u1001\u102c\u1038\u1031\u101e\u102c \u101b\u101c\u1012\u1039\u1000\u102d\u102f \u1031\u1019\u103d\u103a\u102c\u1039\u101c\u1004\u1039\u1037\u1031\u1014\u103b\u1001\u1004\u1039\u1038” \u1000\u102d\u102f \u1031\u1001\u105a\u1015\u102b\u101e\u100a\u1039\u104b Insanity is doing the same thing over and over again and expect different results.<\/p>\n

* \u1019\u101a\u1036\u102f\u1019\u101b\u103d\u102d\u1015\u102b\u108f\u103d\u1004\u1039\u1037\u104b (\u101e\u1004\u1039\u1019\u101a\u1036\u102f\u1015\u102b) \u103b\u1019\u1014\u1039\u1019\u102c\u108f\u102d\u102f\u1004\u1039\u1004\u1036\u1010\u103c\u1004\u1039 \u107e\u1000\u1036\u1033\u1031\u1010\u103c\u1095\u1031\u1014\u101b\u1031\u101e\u102c \u1005\u102d\u102f\u1000\u1039\u1015\u103a\u102d\u1033\u1038\u1031\u101b\u1038 \u103b\u1015\u101e\u1014\u102c\u1019\u103a\u102c\u1038\u1000\u102d\u102f \u1031\u103b\u1016\u101b\u103d\u1004\u1039\u1038\u108f\u102d\u102f\u1004\u1039\u1031\u101e\u102c \u1014\u100a\u1039\u1038\u101c\u1019\u1039\u1038\u1000\u102d\u102f \u1010\u1004\u1039\u103b\u1015\u1015\u102b\u1019\u100a\u1039\u104b \u1011\u102d\u102f\u1014\u100a\u1039\u1038\u101c\u1019\u1039\u1038\u101e\u100a\u1039 \u1000\u1019\u107b\u102c\u1031\u1015\u105a\u1010\u103c\u1004\u1039 \u101c\u103c\u1014\u1039\u1001\u1032\u1037\u1031\u101e\u102c \u108f\u103d\u1005\u1039(\u1041\u1040\u1040) \u1000\u1010\u100a\u1039\u1038\u1000 \u101b\u103d\u102d\u1001\u1032\u1037\u1015\u102b\u101e\u100a\u1039\u104b \u1021\u1031\u1019\u101b\u102d\u1000\u1014\u1039\u108f\u103d\u1004\u1039\u1037 \u1002\u103a\u1015\u1014\u1039\u101c\u102d\u102f \u108f\u102d\u102f\u1004\u1039\u1004\u1036\u1019\u103a\u102d\u1033\u1038\u1019\u103d \u1021\u102e\u101e\u102e\u101a\u102d\u102f\u1015\u102e\u1038\u101a\u102c\u1038 \u108f\u103d\u1004\u1039\u1037 \u1000\u1031\u1019\u107b\u102c\u1012\u102e\u1038\u101a\u102c\u1038 \u108f\u102d\u102f\u1004\u1039\u1004\u1036\u1019\u103a\u102c\u1038\u1021\u1011\u102d \u1000\u103a\u1004\u1039\u1037\u101e\u1036\u102f\u1038\u103b\u1015\u102e\u1038 \u1000\u103a\u1004\u1039\u1037\u101e\u1036\u102f\u1038\u1031\u1014\u1006\u1032 \u103b\u1016\u1005\u1039\u1015\u102b\u101e\u100a\u1039\u104b<\/p>\n

(\u1041) \u1005\u102d\u102f\u1000\u1039\u1015\u103a\u102d\u1033\u1038\u1031\u101b\u1038\u108f\u102d\u102f\u1004\u1039\u1004\u1036<\/i><\/b>
\n* \u103b\u1019\u1014\u1039\u1019\u102c\u108f\u102d\u102f\u1004\u1039\u1004\u1036\u101e\u100a\u1039 \u107e\u1000\u102d\u1033\u1000\u1039\u101e\u100a\u1039\u103b\u1016\u1005\u1039\u1031\u1005\u104a \u1019\u107e\u1000\u102d\u1033\u1000\u1039\u101e\u100a\u1039\u103b\u1016\u1005\u1039\u1031\u1005 \u1005\u102d\u102f\u1000\u1039\u1015\u103a\u102d\u1033\u1038\u1031\u101b\u1038\u1000\u102d\u102f \u1021\u1013\u102d\u1000 \u1021\u1031\u103b\u1001\u1001\u1036\u1031\u101e\u102c \u108f\u102d\u102f\u1004\u1039\u1004\u1036\u1010\u1005\u1039\u1001\u102f \u1021\u1006\u1004\u1039\u1037\u101e\u102c \u101b\u103d\u102d\u1031\u1014\u1015\u102b\u1031\u101e\u1038\u101e\u100a\u1039\u104b \u1019\u103d\u1014\u1039\u1015\u102b\u101e\u100a\u1039\u104b \u1031\u101b\u102c\u1000\u1039\u1031\u1014\u101e\u100a\u1039\u1037 \u1031\u1014\u101b\u102c\u1019\u103d\u1005\u103b\u1015\u102e\u1038 \u1001\u103a\u102e\u1010\u1000\u1039\u101b\u101c\u103d\u103a\u1004\u1039 \u1000\u103c\u103a\u1014\u1039\u1031\u1010\u102c\u1039\u1010\u102d\u102f\u1095 \u1005\u102d\u102f\u1000\u1039\u1015\u103a\u102d\u1033\u1038\u1031\u101b\u1038\u1019\u103d\u1005\u104d \u1021\u1031\u103b\u1001\u1001\u1036\u101b\u1015\u102b\u1019\u100a\u1039\u104b \u1005\u102d\u102f\u1000\u1039\u1015\u103a\u102d\u1033\u1038\u1031\u101b\u1038\u1000\u102d\u102f \u1021\u1031\u103b\u1001\u1001\u1036\u1011\u102c\u1038\u1031\u101e\u102c\u1021\u1001\u102b \u1031\u1010\u102c\u1004\u1039\u101e\u1030\u101c\u101a\u1039\u101e\u1019\u102c\u1038\u1000\u102d\u102f \u1021\u1031\u103b\u1001\u1001\u1036\u101b\u1015\u102b\u101e\u100a\u1039\u104b<\/p>\n

* \u1011\u102d\u102f\u1031\u1010\u102c\u1004\u1039\u101e\u1030\u101c\u101a\u1039\u101e\u1019\u102c\u1038\u1019\u103a\u102c\u1038\u101e\u100a\u1039 \u1006\u1014\u1039\u1005\u1015\u102b\u1038 \u104a \u1015\u1032\u104a \u108f\u103d\u1019\u1039\u1038\u104a \u107e\u1000\u1036 \u101f\u1030\u1031\u101e\u102c \u1000\u102f\u1014\u1039\u107e\u1000\u1019\u1039\u1038\u1015\u1005\u1065\u100a\u1039\u1038 (Commodities) \u1000\u102d\u102f \u1011\u102f\u1010\u1039\u101c\u102f\u1015\u1039\u103b\u1015\u102e\u1038 \u1021\u101e\u1000\u1039\u1031\u1019\u103c\u1038\u101d\u1019\u1039\u1038\u1031\u1000\u103a\u102c\u1004\u1039\u1038 \u103b\u1015\u1033\u101b\u1015\u102b\u101e\u100a\u1039\u104b \u1011\u102d\u102f\u101e\u102d\u102f\u1095 \u1005\u102d\u102f\u1000\u1039\u1015\u103a\u102d\u1033\u1038\u1031\u101b\u1038\u1000\u102d\u102f \u1021\u1031\u103b\u1001\u1001\u1036\u1031\u101e\u102c \u103b\u1019\u1014\u1039\u1019\u102c\u108f\u102d\u102f\u1004\u1039\u1004\u1036\u1000\u1032\u1037\u101e\u102d\u102f\u1095 \u1016\u103c\u1036\u1095\u103b\u1016\u102d\u1033\u1038\u1006\u1032 \u108f\u102d\u102f\u1004\u1039\u1004\u1036\u101b\u103d\u102d \u1031\u1010\u102c\u1004\u1039\u101e\u1030\u101c\u101a\u1039\u101e\u1019\u102c\u1038\u1019\u103a\u102c\u1038 \u1018\u101d\u1019\u103d\u102c \u107e\u1000\u1019\u1039\u1038\u1015\u102b\u101e\u100a\u1039\u104b \u1011\u102d\u102f\u107e\u1000\u1019\u1039\u1038\u1031\u101e\u102c \u1018\u101d\u1019\u103a\u102c\u1038\u1000\u102d\u102f \u1011\u102d\u102f\u101e\u102e\u1038\u108f\u103d\u1036\u1019\u103a\u102c\u1038\u104f \u1021\u1000\u103a\u107e\u1000\u1019\u1039\u1038\u1031\u101e\u102c \u1031\u1005\u103a\u1038\u108f\u1088\u1014\u1039\u1038\u1019\u103a\u102c\u1038\u1000 \u1012\u102f\u1000\u1061\u1015\u1004\u1039\u101c\u101a\u1039\u1031\u101d\u1031\u1005\u1015\u102b\u101e\u100a\u1039\u104b<\/p>\n

(\u1042) \u1031\u1005\u103a\u1038\u1000\u103c\u1000\u1039\u1010\u1005\u1039\u1001\u102f\u104f \u1021\u1031\u103b\u1001\u1001\u1036\u101e\u1031\u1018\u102c\u1010\u101b\u102c\u1038<\/i><\/b>
\n* \u1011\u102d\u102f\u1031\u1005\u103a\u1038\u108f\u1088\u1014\u1039\u1038\u1021\u1031\u107e\u1000\u102c\u1004\u1039\u1038 \u1019\u1006\u1000\u1039\u1019\u102e \u1031\u1005\u103a\u1038\u1000\u103c\u1000\u1039\u1010\u1005\u1039\u1001\u102f (Market) \u104f \u1021\u1031\u103b\u1001\u1001\u1036\u101e\u1031\u1018\u102c\u1010\u101b\u102c\u1038\u1000\u102d\u102f \u101e\u102d\u1011\u102c\u1038\u1016\u102d\u102f\u1095 \u101c\u102d\u102f\u101c\u102c\u1015\u102b\u101e\u100a\u1039\u104b \u1031\u1005\u103a\u1038\u1000\u103c\u1000\u1039\u1010\u1005\u1039\u1001\u102f\u1010\u103c\u1004\u1039 \u101d\u101a\u1039\u1001\u103a\u1004\u1039\u1031\u101e\u102c\u101e\u1030\u108f\u103d\u1004\u1039\u1037 \u1031\u101b\u102c\u1004\u1039\u1038\u1001\u103a\u1004\u1039\u1031\u101e\u102c\u101e\u1030 (\u1042)\u1016\u1000\u1039 \u101b\u103d\u102d\u1015\u102b\u101e\u100a\u1039\u104b \u101d\u101a\u1039\u1001\u103a\u1004\u1039\u1031\u101e\u102c\u101e\u1030 \u1019\u103a\u102c\u1038\u1031\u101e\u102c\u1021\u1001\u102b \u101d\u101a\u1039\u101c\u102d\u102f\u1021\u102c\u1038 (Demand) \u1019\u103a\u102c\u1038\u101e\u100a\u1039\u101f\u102f \u1031\u103b\u1015\u102c\u107e\u1000\u103b\u1015\u102e\u1038 \u1010\u1005\u1039\u1016\u1014\u1039 \u1031\u101b\u102c\u1004\u1039\u1038\u101c\u102d\u102f\u1031\u101e\u102c\u101e\u1030\u1019\u103a\u102c\u1038\u1031\u101e\u102c\u1021\u1001\u102b\u1000\u102d\u102f \u1031\u101b\u102c\u1004\u1039\u1038\u101c\u102d\u102f\u1021\u102c\u1038 (Supply) \u1019\u103a\u102c\u1038\u101e\u100a\u1039\u101f\u102f \u1031\u1001\u105a\u107e\u1000\u1015\u102b\u101e\u100a\u1039\u104b \u1031\u101b\u102c\u1004\u1039\u1038\u1001\u103a\u1004\u1039\u101e\u1030 \u1019\u103a\u102c\u1038\u1031\u101e\u102c\u1021\u1001\u102b \u1015\u1005\u1065\u100a\u1039\u1038\u1010\u1005\u1039\u1001\u102f\u104f \u1031\u1005\u103a\u1038\u108f\u1088\u1014\u1039\u1038\u1019\u103d\u102c \u1000\u103a\u1015\u102b\u101e\u100a\u1039\u104b \u101d\u101a\u1039\u101c\u102d\u102f\u1021\u102c\u1038\u1019\u103a\u102c\u1038\u1031\u101e\u102c\u1021\u1001\u102b \u1015\u1005\u1065\u100a\u1039\u1038\u1010\u1005\u1039\u1001\u102f\u104f \u1031\u1005\u103a\u1038\u108f\u1088\u1014\u1039\u1038\u1019\u103d\u102c \u1010\u1000\u1039\u101c\u102c\u1015\u102b\u101e\u100a\u1039\u104b \u1024\u1000\u102c\u1038 \u1031\u101b\u102c\u1004\u1039\u1038\u1021\u102c\u1038\u108f\u103d\u1004\u1039\u1037\u101d\u101a\u1039\u1021\u102c\u1038 (Supply and Demand) \u1000\u102d\u102f \u1021\u1031\u103b\u1001\u1001\u1036\u103b\u1015\u102e\u1038 \u1031\u1005\u103a\u1038\u108f\u1088\u1014\u1039\u1038\u1019\u103a\u102c\u1038 (Price) \u1031\u103b\u1015\u102c\u1004\u1039\u1038\u101c\u1032\u1010\u1010\u1039\u1031\u101e\u102c \u1021\u1031\u103b\u1001\u1001\u1036\u101e\u1018\u102c\u101d \u103b\u1016\u1005\u1039\u1015\u102b\u101e\u100a\u1039\u104b<\/p>\n

* \u1005\u102d\u102f\u1000\u1039\u1015\u103a\u102d\u1033\u1038\u1031\u101b\u1038\u101e\u100a\u1039 \u101b\u102c\u101e\u102e\u1025\u1010\u102f\u1031\u1015\u105a \u1021\u1031\u103b\u1001\u1001\u1036\u101c\u102f\u1015\u1039\u1031\u1006\u102c\u1004\u1039\u101b\u1014\u1039 \u101c\u102d\u102f\u1015\u102b\u101e\u100a\u1039\u104b \u1019\u102d\u102f\u1038\u101b\u102c\u101e\u102e \u101d\u1004\u1039\u1001\u102b\u1005\u1010\u103c\u1004\u1039 \u103b\u1019\u1014\u1039\u1019\u102c\u108f\u102d\u102f\u1004\u1039\u1004\u1036 \u1010\u1005\u1039\u108f\u102f\u102d\u1004\u1039\u1004\u1036\u101c\u1036\u102f\u1038\u1010\u103c\u1004\u1039 \u1005\u1015\u102b\u1038\u1005\u102d\u102f\u1000\u1039\u1031\u101e\u102c \u1031\u1010\u102c\u1004\u1039\u101e\u1030\u1010\u102d\u102f\u1095 \u1010\u1005\u1039\u103b\u1015\u102d\u1033\u1004\u1039\u1014\u1000\u1039 \u1005\u102d\u102f\u1000\u1039\u1015\u103a\u102d\u1033\u1038\u107e\u1000\u101b\u1015\u102b\u101e\u100a\u1039\u104b \u1011\u102d\u102f\u1021\u1001\u102b \u1005\u1015\u102b\u1038\u1011\u103c\u1000\u1039\u1001\u103a\u102d\u1014\u1039\u1031\u101b\u102c\u1000\u1039\u1031\u1010\u102c\u1037\u101c\u100a\u1039\u1038 \u1010\u1005\u1039\u103b\u1015\u102d\u1033\u1004\u1039\u1010\u100a\u1039\u1038 \u1005\u1015\u102b\u1038\u1011\u103c\u1000\u1039\u101c\u102c\u1015\u102b\u101e\u100a\u1039\u104b \u1011\u102d\u102f\u1005\u1015\u102b\u1038 \u1011\u103c\u1000\u1039\u101c\u102c\u1001\u103a\u102d\u1014\u1039\u1010\u103c\u1004\u1039 \u1005\u1015\u102b\u1038\u1005\u102d\u102f\u1000\u1039\u1015\u103a\u102d\u1033\u1038\u1005\u1025\u1039\u1000 \u101b\u1004\u1039\u1038\u108f\u103d\u102e\u1038\u1011\u102c\u1038\u1031\u101e\u102c \u1031\u1004\u103c\u1021\u101b\u1004\u1039\u1038\u1021\u108f\u103d\u102e\u1038\u1019\u103a\u102c\u1038 \u1031\u1015\u105a\u104d \u1021\u102c\u1038\u101c\u1036\u102f\u1038\u103b\u1015\u102d\u1033\u1004\u1039\u1010\u1030 \u1005\u1015\u102b\u1038\u1000\u102d\u102f \u1031\u1005\u103a\u1038\u1000\u103c\u1000\u1039\u1010\u103c\u1004\u1039 \u1031\u101b\u102c\u1004\u1039\u1038\u107e\u1000\u1015\u102b\u101e\u100a\u1039\u104b \u1011\u102d\u102f\u1021\u1001\u102b \u1031\u101b\u102c\u1004\u1039\u1038\u101c\u102d\u102f\u1021\u102c\u1038\u1019\u103a\u102c\u1038\u1031\u101e\u102c \u1031\u1005\u103a\u1038\u1000\u103c\u1000\u1039\u1000\u102d\u102f \u103b\u1016\u1005\u1039\u1031\u1015\u105a\u101c\u102c\u1031\u1005\u1015\u102b\u101e\u100a\u1039\u104b \u1011\u102d\u102f\u101e\u102d\u102f\u1095 \u103b\u1016\u1005\u1039\u1031\u101e\u102c\u1021\u1001\u102b \u1005\u1015\u102b\u1038\u1031\u1005\u103a\u1038\u108f\u1088\u1014\u1039\u1038\u1019\u103a\u102c\u1038 \u1011\u102d\u102f\u1038\u1000\u103a\u101e\u103c\u102c\u1038\u1015\u102b\u101e\u100a\u1039\u104b \u1031\u1010\u102c\u1004\u1039\u101e\u1030\u1019\u103a\u102c\u1038 \u1005\u102d\u102f\u1000\u1039\u1011\u102f\u1010\u1039\u1011\u102c\u1038\u1031\u101e\u102c \u1021\u101b\u1004\u1039\u1038\u1021\u108f\u103d\u102e\u1038\u101b\u1016\u102d\u102f\u1095 \u1019\u1014\u100a\u1039\u1038\u103b\u1015\u1014\u1039\u101c\u102f\u1015\u1039\u101b\u1015\u102b\u101e\u100a\u1039\u104b \u1021\u1019\u103a\u102c\u1038\u1005\u102f\u1019\u103d\u102c \u1021\u101b\u1036\u1088\u1038\u108f\u103d\u1004\u1039\u1037\u101e\u102c \u101b\u1004\u1039\u1006\u102d\u102f\u1004\u1039\u101b\u1015\u102b\u101e\u100a\u1039\u104b
\n
\n(\u1043) \u1021\u1019\u103d\u1010\u1039\u1010\u1036\u1006\u102d\u1015\u1039<\/i><\/b>
\n* \u1024\u1005\u102d\u1014\u1039\u1031\u1001\u105a\u1019\u1088\u1000\u102d\u102f \u1000\u103c\u103a\u1014\u1039\u1031\u1010\u102c\u1039\u1010\u102d\u102f\u1095 \u103b\u1019\u1014\u1039\u1019\u102c\u1031\u1010\u102c\u1004\u1039\u101e\u1030\u101c\u101a\u1039\u101e\u1019\u102c\u1038\u1019\u103a\u102c\u1038\u101e\u102c \u1001\u102b\u1038\u1005\u100a\u1039\u1038\u1001\u1036\u101b\u1019\u100a\u1039\u1019\u101f\u102f\u1010\u1039\u104a \u1000\u1019\u107b\u102c\u1021\u101b\u1015\u1039\u101b\u1015\u1039\u1019\u103d \u101c\u101a\u1039\u101e\u1019\u102c\u1038\u1019\u103a\u102c\u1038 \u1000\u102f\u1014\u1039\u107e\u1000\u1019\u1039\u1038\u1015\u1005\u1065\u100a\u1039\u1038\u104f \u101e\u1018\u102c\u101d\u103b\u1016\u1005\u1039\u1031\u101e\u102c \u1031\u1005\u103a\u1038\u1000\u103c\u1000\u1039\u104f \u1031\u1005\u103a\u1038\u108f\u1088\u1014\u1039\u1038 \u1021\u1010\u1000\u1039\u1021\u1000\u103a\u1000\u102d\u102f (Price Volatility) \u1001\u1036\u1005\u102c\u1038\u101b\u101e\u101c\u102d\u102f \u101a\u1031\u1014\u1095\u1021\u1001\u102b \u1000\u1019\u107b\u102c\u1037\u101e\u102d \u1021\u1019\u103d\u1010\u1039\u1010\u1036\u1006\u102d\u1039\u1015\u1039 \u101c\u1030\u101e\u1036\u102f\u1038\u1000\u102f\u1014\u1039\u1015\u1005\u1065\u100a\u1039\u1038\u1019\u103a\u102c\u1038 \u1011\u102f\u1010\u1039\u101c\u102f\u1015\u1039\u1019\u1088\u1031\u1015\u105a\u1010\u103c\u1004\u1039 \u101b\u1015\u1039\u1010\u100a\u1039\u1031\u1014\u1031\u101e\u102c \u1002\u103a\u1015\u1014\u1039\u108f\u103d\u1004\u1039\u1037 \u1021\u1031\u1019\u101b\u102d\u1000\u1014\u1039\u108f\u102d\u102f\u1004\u1039\u1004\u1036\u1019\u103a\u102c\u1038\u101b\u103d\u102d \u101c\u101a\u1039\u101e\u1019\u102c\u1038\u1019\u103a\u102c\u1038\u101e\u100a\u1039\u101c\u100a\u1039\u1038 \u103b\u1019\u1014\u1039\u1019\u102c\u101c\u101a\u1039\u101e\u1019\u102c\u1038\u1019\u103a\u102c\u1038 \u1014\u100a\u1039\u1038\u1010\u1030 \u1001\u1036\u1005\u102c\u1038\u1001\u1032\u1037\u101b\u103b\u1015\u102e \u103b\u1016\u1005\u1039\u101e\u100a\u1039\u104b<\/p>\n

* \u101e\u102d\u102f\u1095\u1031\u101e\u102c\u1039 \u1011\u102d\u102f \u1010\u102d\u102f\u1038\u1010\u1000\u1039\u103b\u1015\u102e\u1038 \u1002\u103a\u1015\u1014\u1039\u108f\u103d\u1004\u1039\u1037 \u1021\u1031\u1019\u101b\u102d\u1000\u1014\u1039\u108f\u102d\u102f\u1004\u1039\u1004\u1036\u1010\u102d\u102f\u1095\u101b\u103d\u102d \u101c\u101a\u1039\u101e\u1019\u102c\u1038\u1010\u102d\u102f\u1095 \u1011\u102f\u1010\u1039\u101c\u102f\u1015\u1039\u1031\u101e\u102c \u101c\u101a\u1039\u1011\u103c\u1000\u1039\u1015\u1005\u1065\u100a\u1039\u1038\u1019\u103a\u102c\u1038\u104f \u1010\u1014\u1039\u1016\u102d\u102f\u1038\u1019\u103d\u102c \u1011\u102d\u102f\u108f\u102d\u102f\u1004\u1039\u1004\u1036\u104f \u1005\u102f\u1005\u102f\u1031\u1015\u102b\u1004\u1039\u1038\u1000\u102f\u1014\u1039\u1011\u102f\u1010\u1039\u1019\u1088 (\u101e\u102d\u102f\u1095) \u1021\u103b\u1019\u1010\u1039\u104f \u1019\u1031\u103b\u1015\u102c\u1015\u1031\u101c\u102c\u1000\u1039\u1031\u101e\u102c \u1021\u1001\u103a\u102d\u1034\u1038\u1021\u1005\u102c\u1038\u101e\u102c \u101b\u103d\u102d\u1015\u102b\u101e\u100a\u1039\u104b \u1011\u102d\u102f\u108f\u102d\u102f\u1004\u1039\u1004\u1036\u107e\u1000\u102e\u1038\u1019\u103a\u102c\u1038\u104f \u1005\u102e\u1038\u1015\u103c\u102c\u1038\u1031\u101b\u1038\u101e\u100a\u1039 \u1021\u1019\u103d\u1010\u1039\u1010\u1036\u1006\u102d\u1015\u1039\u1015\u102b\u1031\u101e\u102c \u101c\u1030\u101e\u1036\u102f\u1038\u1000\u102f\u1014\u1039\u1015\u1005\u1065\u100a\u1039\u1038\u1019\u103a\u102c\u1038 (Branded Products) \u1011\u102f\u1010\u1039\u101c\u102f\u1015\u1039\u1031\u101b\u102c\u1004\u1039\u1038\u1001\u103a\u1019\u1088 \u1021\u1031\u1015\u105a\u1010\u103c\u1004\u1039 \u101b\u1015\u1039\u1010\u100a\u1039\u107e\u1000\u1015\u102b\u101e\u100a\u1039\u104b<\/p>\n

* \u1000\u1019\u107b\u102c\u1031\u1015\u105a\u1010\u103c\u1004\u1039 \u1012\u102f\u1010\u102d\u101a \u1021\u1001\u103a\u1019\u1039\u1038\u101e\u102c\u1006\u1036\u102f\u1038 \u1005\u102c\u101b\u1004\u1039\u1038\u101d\u1004\u1039\u101e\u100a\u1039\u1037 \u101e\u1030\u1031\u100c\u1038\u107e\u1000\u102e\u1038 \u101d\u102b\u101b\u1004\u1039\u1038\u1018\u1030\u1038\u1016\u1010\u1039 \u101e\u100a\u1039 \u1014\u102c\u1019\u100a\u1039\u107e\u1000\u102e\u1038\u101c\u102f\u1015\u1039\u1004\u1014\u1039\u1038\u1019\u103a\u102c\u1038\u1010\u103c\u1004\u1039 \u1021\u101b\u1004\u1039\u1038\u1021\u108f\u103d\u102e\u1038 \u1011\u100a\u1039\u1037\u101d\u1004\u1039\u103b\u1015\u102e\u1038 (\u101e\u102d\u102f\u1095) \u1011\u102d\u102f\u101c\u102f\u1015\u1039\u1004\u1014\u1039\u1038\u1019\u103a\u102c\u1038\u104f \u1021\u1005\u102f\u101b\u103d\u101a\u1039\u101a\u102c (Stock) \u1000\u102d\u102f\u101e\u102c \u101d\u101a\u1039\u101a\u1030\u101e\u100a\u1039\u101f\u102f \u1014\u102c\u1019\u100a\u1039\u107e\u1000\u102e\u1038\u1015\u102b\u101e\u100a\u1039\u104b \u1025\u1015\u1019\u102c \u101e\u1030\u101e\u100a\u1039 \u1000\u102d\u102f\u1000\u102c\u1000\u102d\u102f\u101c\u102c \u1000\u102f\u1019\u1078\u100f\u102e\u104f \u1021\u1005\u102f\u101b\u103d\u101a\u1039\u101a\u102c \u1021\u1019\u103a\u102c\u1038\u107e\u1000\u102e\u1038\u1000\u102d\u102f \u1015\u102d\u102f\u1004\u1039\u1006\u102d\u102f\u1004\u1039\u1015\u102b\u101e\u100a\u1039\u104b \u1011\u102d\u102f\u101e\u102d\u102f\u1095\u1031\u101e\u102c \u1014\u102c\u1019\u100a\u1039\u107e\u1000\u102e\u1038 \u1021\u1019\u103d\u1010\u1039\u1010\u1036\u1006\u102d\u1015\u1039\u1019\u103a\u102c\u1038 \u1015\u102d\u102f\u1004\u1039\u1006\u102d\u102f\u1004\u1039\u101e\u100a\u1039\u1037 \u1000\u102f\u1019\u1078\u100f\u102e\u1019\u103a\u102c\u1038 \u1005\u102e\u1038\u1015\u103c\u102c\u1038\u1031\u101b\u1038\u101c\u102f\u1015\u1039\u1004\u1014\u1039\u1038\u1019\u103a\u102c\u1038\u1000\u102d\u102f \u101d\u102b\u101b\u1004\u1039\u1038\u1018\u1030\u1038\u1016\u1010\u1039\u1000 “Moat” (\u1019\u102f\u1014\u1039\u1095) \u101b\u103d\u102d\u101e\u100a\u1039\u101f\u102f \u1010\u1004\u1039\u1005\u102c\u1038\u1031\u1001\u105a\u1031\u101d\u105a\u1015\u102b\u101e\u100a\u1039\u104b “\u1019\u102f\u1014\u1039\u1095” \u101f\u1030\u1031\u101e\u102c \u1021\u1013\u102d\u1015\u1078\u102b\u101a\u1039\u1019\u103d\u102c \u101b\u1032\u1010\u102d\u102f\u1000\u1039\u1010\u1005\u1039\u1001\u102f \u1031\u1018\u1038\u1015\u1010\u1039\u101c\u100a\u1039\u1010\u103c\u1004\u1039 \u1021\u1000\u103a\u101a\u1039\u107e\u1000\u102e\u1038 \u1010\u1030\u1038\u1011\u102c\u1038\u103b\u1015\u102e\u1038 \u1031\u101b\u1014\u1000\u1039\u1014\u1000\u1039\u103b\u1016\u100a\u1039\u1037\u1011\u102c\u1038\u1031\u101e\u102c \u1031\u103b\u1019\u102c\u1004\u1039\u1038\u1000\u102d\u102f \u1031\u1001\u105a\u1015\u102b\u101e\u100a\u1039\u104b<\/p>\n

(\u1044) \u101b\u1004\u1039\u1038\u108f\u103d\u102e\u1038\u103b\u1019\u103d\u1010\u1039\u108f\u103d\u1036\u101e\u1030 \u101c\u101a\u1039\u101e\u1019\u102c\u1038\u1019\u103a\u102c\u1038 <\/i><\/b><\/p>\n

* \u101e\u102d\u102f\u1095\u1031\u101e\u102c\u1039 \u1000\u103c\u103a\u1014\u1039\u1031\u1010\u102c\u1039\u1010\u102d\u102f\u1095 \u103b\u1019\u1014\u1039\u1019\u102c\u1031\u1010\u102c\u1004\u1039\u101e\u1030\u101c\u101a\u1039\u101e\u1019\u102c\u1038\u1019\u103a\u102c\u1038 \u1011\u102f\u1010\u1039\u101c\u102f\u1015\u1039\u1031\u101e\u102c \u101c\u101a\u1039\u101a\u102c\u1011\u103c\u1000\u1039\u1000\u102f\u1014\u1039\u107e\u1000\u1019\u1039\u1038\u1015\u1005\u1065\u100a\u1039\u1038\u1019\u103a\u102c\u1038\u1019\u103d\u102c “\u1019\u102f\u1014\u1039\u1095” \u1019\u101b\u103d\u102d\u107e\u1000\u1015\u102b\u104b \u1011\u102d\u102f\u1021\u1019\u103d\u1010\u1039\u1010\u1036\u1006\u102d\u1015\u1039 \u1000\u102f\u1014\u1039\u1031\u1001\u103a\u102c\u1015\u1005\u1065\u100a\u1039\u1038\u1019\u103a\u102c\u1038\u104f \u101e\u1031\u1018\u102c\u101e\u1018\u102c\u101d\u108f\u103d\u1004\u1039\u1037 \u1005\u102d\u102f\u1000\u1039\u1015\u103a\u102d\u1033\u1038\u1031\u101b\u1038\u1021\u1010\u103c\u1000\u1039 \u1000\u102f\u1014\u1039\u107e\u1000\u1019\u1039\u1038\u1015\u1005\u1065\u100a\u1039\u1038\u1019\u103a\u102c\u1038\u104f \u101e\u1018\u102c\u101d\u1000\u102d\u102f \u101a\u103d\u1025\u1039\u107e\u1000\u100a\u1039\u1037\u101c\u102d\u102f\u1000\u1039\u1031\u101e\u102c\u1021\u1001\u102b \u1000\u103c\u103a\u1014\u1039\u1031\u1010\u102c\u1039\u1010\u102d\u102f\u1095 \u1031\u1010\u102c\u1004\u1039\u101e\u1030\u1019\u103a\u102c\u1038\u101e\u100a\u1039 \u1031\u1005\u103a\u1038\u108f\u1088\u1014\u1039\u1038\u104f \u103b\u1015\u101e\u1014\u102c\u1000\u102d\u102f \u1031\u1001\u102b\u1004\u1039\u1038\u1004\u1036\u102f\u1095\u1001\u1036\u1031\u1014\u101b\u1031\u101e\u102c \u101e\u1031\u1018\u102c\u101e\u1018\u102c\u101d\u1010\u103c\u1004\u1039 \u101b\u103d\u102d\u1031\u1014\u1015\u102b\u101e\u100a\u1039\u104b<\/p>\n

* \u1031\u1010\u102c\u1004\u1039\u101e\u1030\u1019\u103a\u102c\u1038\u1018\u1000\u1039\u1019\u103d\u101c\u100a\u1039\u1038 \u1006\u1014\u1039\u1005\u1015\u102b\u1038\u1011\u103c\u1000\u1039\u101b\u1014\u1039\u1021\u1010\u103c\u1000\u1039 \u1031\u103b\u1019\u107e\u101e\u1007\u102c\u104a \u1019\u103a\u102d\u1033\u1038 \u108f\u103d\u1004\u1039\u1037 \u1015\u102d\u102f\u1038\u101e\u1010\u1039\u1031\u1006\u1038 \u1021\u1005\u101b\u103d\u102d\u101e\u100a\u1039\u1037 \u101e\u103c\u1004\u1039\u1038\u1021\u1004\u1039\u1021\u102c\u1038\u1005\u102f\u1010\u103c\u1004\u1039 \u1031\u1004\u103c\u1031\u107e\u1000\u1038\u101b\u1004\u1039\u1038\u108f\u103d\u102e\u1038\u103b\u1019\u103d\u1010\u1039\u108f\u103d\u1036\u101b\u1014\u1039 \u101c\u102d\u102f\u1015\u102b\u101e\u100a\u1039\u104b \u101e\u102d\u102f\u1095\u1031\u101e\u102c\u1039 \u1010\u1005\u1039\u1027\u1000\u1000\u102d\u102f \u1019\u100a\u1039\u1019\u103d\u103a \u1031\u1004\u103c\u1031\u107e\u1038\u101b\u1004\u1039\u1038\u108f\u103d\u102e\u1038\u103b\u1019\u103d\u1015\u1039\u108f\u103d\u1036\u101b\u1019\u100a\u1039 \u1006\u102d\u102f\u1031\u101e\u102c \u1006\u1036\u102f\u1038\u103b\u1016\u1010\u1039\u1001\u103a\u1000\u1039\u101e\u100a\u1039 \u1031\u1010\u102c\u1004\u1039\u101e\u1030\u1019\u103a\u102c\u1038\u1021\u1016\u102d\u102f\u1095 \u1011\u103c\u1000\u1039\u101c\u102c\u101e\u100a\u1039\u1037 \u1006\u1014\u1039\u1010\u1005\u1039\u1010\u1004\u1039\u1038 \u1019\u100a\u1039\u1019\u103d\u103a\u101b\u108f\u102d\u102f\u1004\u1039\u101e\u100a\u1039\u1000\u102d\u102f \u1001\u1014\u1039\u1095\u1019\u103d\u1014\u1039\u1038\u1019\u101b\u101c\u103d\u103a\u1004\u1039 \u1021\u101c\u103c\u1014\u1039\u1006\u1036\u102f\u1038\u103b\u1016\u1010\u1039\u101b\u1001\u1000\u1039\u1031\u101e\u102c \u1005\u102e\u1019\u1036\u1001\u1014\u1039\u1095\u1001\u103c\u1032\u101b\u1014\u1039 \u1001\u1000\u1039\u1001\u1032\u1031\u101e\u102c \u1021\u1000\u103a\u1015\u1039\u1021\u1010\u100a\u1039\u1038 \u1010\u1005\u1039\u1001\u102f \u103b\u1016\u1005\u1039\u1015\u102b\u101e\u100a\u1039\u104b<\/p>\n

* \u101b\u1004\u1039\u1038\u108f\u103d\u102e\u1038\u103b\u1019\u103d\u1010\u1039\u108f\u103d\u1036\u101e\u1030\u1010\u102d\u102f\u1004\u1039\u1038 \u1019\u100a\u1039\u101e\u100a\u1039\u1037 \u101c\u102f\u1015\u1039\u1004\u1014\u1039\u1038\u1010\u103c\u1004\u1039\u1019\u1006\u102d\u102f \u1010\u102d\u102f\u1004\u1039\u1038\u1010\u102c\u1031\u101e\u102c \u1031\u1015\u1010\u1036\u1019\u103d\u102c \u1005\u102f\u1005\u102f\u1031\u1015\u102b\u1004\u1039\u1038 \u101b\u1004\u1039\u1038\u108f\u103d\u102e\u1038\u103b\u1019\u103d\u1010\u1039\u108f\u103d\u1036\u1019\u1088 \u1021\u1031\u1015\u105a\u1010\u103c\u1004\u1039 \u103b\u1015\u1014\u1039\u101c\u100a\u1039\u101b\u101b\u103d\u102d\u1031\u101e\u102c \u1021\u103b\u1019\u1010\u1039\u101b\u102c\u1001\u102d\u102f\u1004\u1039\u108f\u1088\u1014\u1039\u1038 \u103b\u1016\u1005\u1039\u1015\u102b\u101e\u100a\u1039\u104b \u101b\u1015\u1039\u1000\u103c\u1000\u1039\u1005\u1000\u102c\u1038\u108f\u103d\u1004\u1039\u1037 \u1031\u103b\u1015\u102c\u101c\u103d\u103a\u1004\u1039 \u101c\u102f\u1015\u1039\u1004\u1014\u1039\u1038\u1010\u1005\u1039\u1001\u102f\u101c\u102f\u1015\u1039\u101c\u103d\u103a\u1004\u1039 \u1018\u101a\u1039\u108f\u103d\u1005\u1039\u1000\u103a\u1015\u1039\u1010\u102d\u102f\u1038\u108f\u103d\u1004\u1039\u1037 \u1000\u102d\u102f\u1000\u1039\u101e\u101c\u1032 \u101f\u1030\u1031\u101e\u102c \u1031\u1015\u1010\u1036\u103b\u1016\u1005\u1039\u1015\u102b\u101e\u100a\u1039\u104b \u101c\u101a\u1039\u101e\u1019\u102c\u1038\u1019\u103a\u102c\u1038\u101e\u100a\u1039 \u1010\u1005\u1039\u1014\u100a\u1039\u1038\u1021\u102c\u1038\u103b\u1016\u1004\u1039\u1037 \u101e\u1030\u1031\u100c\u1038\u107e\u1000\u102e\u1038 \u101d\u102b\u101b\u1004\u1039\u1038\u1018\u1030\u1038\u1016\u1000\u1039\u101c\u102d\u102f \u1019\u102d\u1019\u102d\u101c\u101a\u1039\u1010\u103c\u1004\u1039 \u101b\u1004\u1039\u1038\u108f\u103d\u102e\u1038\u103b\u1019\u103d\u1010\u1039\u108f\u103d\u1036\u101e\u1030 (Investor) \u1019\u103a\u102c\u1038 \u103b\u1016\u1005\u1039\u107e\u1000\u101e\u100a\u1039\u104b<\/p>\n

* \u1011\u102d\u102f\u1095\u1031\u107e\u1000\u102c\u1004\u1039\u1037 \u1011\u102d\u102f\u101e\u102d\u102f\u1095 \u1031\u1010\u102c\u1004\u1039\u101e\u1030\u1019\u103a\u102c\u1038 \u101b\u1004\u1039\u1038\u108f\u103d\u102e\u1038\u103b\u1019\u107d\u103d\u1010\u1039\u108f\u103d\u1036\u1019\u1088\u1000\u102d\u102f \u1010\u103c\u1000\u1039\u1031\u103b\u1001\u1000\u102d\u102f\u1000\u1039\u1031\u1021\u102c\u1004\u1039 \u1031\u1011\u102c\u1000\u1039\u1015\u1036\u1037\u1031\u1015\u1038\u108f\u102d\u102f\u1004\u1039\u1031\u101e\u102c \u1021\u1031\u103b\u1001\u1001\u1036 \u1021\u1001\u103a\u1000\u1039 (\u1042)\u1001\u102f \u101b\u103d\u102d\u101e\u100a\u1039\u104b
\n(\u1041) \u1005\u1015\u102b\u1038\u1021\u1011\u103c\u1000\u1039\u1010\u102d\u102f\u1038\u101b\u1019\u100a\u1039\u104b \u101e\u102d\u102f\u1095\u1031\u101e\u102c\u1039 \u1021\u1011\u103c\u1000\u1039\u1010\u102d\u102f\u1038\u103b\u1001\u1004\u1039\u1038\u101e\u100a\u1039 \u1031\u103b\u1016\u101b\u103d\u1004\u1039\u1038\u1001\u103a\u1000\u1039\u104f \u1010\u1005\u102d\u1010\u1039\u1015\u102d\u102f\u1004\u1039\u1038\u101e\u102c\u103b\u1016\u1005\u1039\u101e\u100a\u1039\u104b \u1021\u1011\u103c\u1000\u1039\u1010\u102d\u102f\u1038\u101c\u103d\u103a\u1004\u1039 \u1031\u1005\u103a\u1038\u1000\u103c\u1000\u1039\u1011\u1032\u1010\u103c\u1004\u1039 \u1006\u1014\u1039\u1019\u103a\u102c\u1038 \u1015\u102d\u102f\u1019\u102d\u102f\u1019\u103a\u102c\u1038\u103b\u1015\u102c\u1038\u101c\u102c\u103b\u1015\u102e\u1038 \u1031\u101b\u102c\u1004\u1039\u1038\u101c\u102d\u102f\u1021\u102c\u1038\u1019\u103a\u102c\u1038\u101e\u103b\u1016\u1004\u1039\u1037 \u1006\u1014\u1039\u1005\u1015\u102b\u1038\u1031\u1005\u103a\u1038\u108f\u1088\u1014\u1039\u1038 \u1015\u102d\u102f\u1000\u103a\u101e\u103c\u102c\u1038\u108f\u102d\u102f\u1004\u1039\u101e\u100a\u1039\u1037 \u1021\u108f\u1071\u101b\u101a\u1039\u101b\u103d\u102d\u1031\u1014\u1015\u102b\u101e\u100a\u1039\u104b
\n(\u1042) \u1005\u1015\u1039\u1038\u1010\u1005\u1039\u1010\u1004\u1039\u1038\u1001\u103a\u1004\u1039\u1038 \u1021\u103b\u1019\u1010\u1039\u1019\u103a\u102c\u1038\u101b\u1019\u100a\u1039\u104b<\/p>\n

* \u1011\u102d\u102f\u1095\u1031\u107e\u1000\u102c\u1004\u1039\u1037 \u1031\u1010\u102c\u1004\u1039\u101e\u1030\u101c\u101a\u1039\u101e\u1019\u102c\u1038 \u1010\u1005\u1039\u1025\u102e\u1038\u1021\u1016\u102d\u102f\u1095 \u1005\u1015\u102b\u1038\u1021\u1011\u103c\u1000\u1039\u1010\u102d\u102f\u1038\u101c\u103d\u103a\u1004\u1039\u1010\u102d\u102f\u1038\u104a \u1019\u1010\u102d\u102f\u1038\u101c\u103d\u103a\u1004\u1039 \u1005\u1015\u102b\u1038\u1010\u1005\u1039\u1010\u1004\u1039\u1038\u1001\u103a\u1004\u1039\u1038\u1005\u102e\u1019\u103d \u101b\u101b\u103d\u102d\u1031\u101e\u102c \u1021\u103b\u1019\u1010\u1039\u1019\u103a\u102c\u1038\u1019\u103d \u1021\u1006\u1004\u1039\u1031\u103b\u1015\u1019\u100a\u1039\u1037 \u101e\u1031\u1018\u102c\u103b\u1016\u1005\u1039\u1015\u102b\u101e\u100a\u1039\u104b \u1021\u1010\u102d\u102f\u1038\u108f\u1088\u1014\u1039\u1038 \u1010\u1005\u1039\u1001\u102f\u1001\u102f\u108f\u103d\u1004\u1039\u1037 \u1010\u103c\u1000\u1039\u1031\u103b\u1001\u1000\u102d\u102f\u1000\u1039\u1019\u100a\u1039\u103b\u1016\u1005\u1039\u101e\u100a\u1039\u104b \u1011\u102d\u102f\u101e\u102d\u102f\u1095 \u1031\u101b\u102c\u1004\u1039\u1038\u1031\u1005\u103a\u1038\u108f\u1088\u1014\u1039\u1038 \u1019\u1031\u101e\u1001\u103a\u102c\u1031\u101e\u102c \u1021\u1031\u103b\u1001\u1021\u1031\u1014\u1010\u103c\u1004\u1039 \u1031\u1010\u102c\u1004\u1039\u101e\u1030\u101e\u100a\u1039 \u1015\u102d\u102f\u1019\u102d\u102f\u101b\u1004\u1039\u1038\u108f\u103d\u102e\u1038\u103b\u1019\u103d\u1015\u1039\u108f\u103d\u1036\u103b\u1001\u1004\u1039\u1038 \u1019\u101c\u102f\u1015\u1039\u1031\u1010\u102c\u1037\u1031\u1015\u104b \u1011\u102d\u102f\u101e\u102d\u102f\u1095 \u1019\u101c\u102f\u1015\u1039\u1031\u101e\u102c\u1021\u1001\u102b \u1019\u1005\u103c\u1014\u1039\u1095\u1005\u102c\u1038\u1031\u101e\u102c\u1021\u1001\u102b \u1021\u1011\u103c\u1000\u1039\u1019\u1010\u102d\u102f\u1038\u1031\u1010\u102c\u1037\u1031\u1015\u104b<\/p>\n

(\u1045) \u1010\u102d\u102f\u1004\u1039\u103b\u1015\u100a\u1039 \u1021\u1014\u102c\u1002\u1010\u1039\u108f\u103d\u1004\u1039\u1037\u101c\u101a\u1039\u101e\u1019\u102c\u1038<\/i><\/b><\/p>\n

* \u1011\u102d\u102f\u101e\u102d\u102f\u1095 \u1005\u102d\u102f\u1000\u1039\u1015\u103a\u102d\u1033\u1038\u1031\u101b\u1038\u1010\u103c\u1004\u1039 \u1021\u1011\u103c\u1000\u1039\u1019\u1010\u102d\u102f\u1038\u1031\u1010\u102c\u1037\u1031\u101e\u102c\u1021\u1001\u102b \u1000\u103a\u1014\u1039\u108f\u102d\u102f\u1004\u1039\u1004\u1036\u104f \u1005\u102e\u1038\u1015\u103c\u102c\u1038\u1031\u101b\u1038\u1000\u1091\u1019\u103a\u102c\u1038 \u1016\u103c\u1036\u1095\u103b\u1016\u102d\u1033\u1038\u1019\u1088 \u1019\u103d\u102c\u101c\u100a\u1039\u1038 \u1010\u1014\u1039\u1095\u101e\u103c\u102c\u1038\u1031\u1015\u101e\u100a\u1039\u104b \u1011\u102d\u102f\u1095\u1031\u107e\u1000\u102c\u1004\u1039\u1037 \u1031\u1005\u103a\u1038\u108f\u1088\u1014\u1039\u1038\u1019\u1010\u100a\u1039\u103b\u1004\u102d\u1019\u1039\u1019\u1088 (Price Volatility) \u101e\u100a\u1039 \u1031\u1010\u102c\u1004\u1039\u101e\u1030\u1019\u103a\u102c\u1038\u1021\u1010\u103c\u1000\u1039 \u1005\u102d\u1010\u1039\u1019\u1001\u103a\u101b\u1031\u101e\u102c \u1005\u103c\u1014\u1039\u1095\u1005\u102c\u1038\u1019\u1088 \u1021\u1031\u103b\u1001\u1021\u1031\u1014\u1000\u102d\u102f \u103b\u1016\u1005\u1039\u1031\u1015\u105a\u1031\u1005\u101b\u1036\u102f\u101e\u102c\u1019\u1000 \u103b\u1019\u1014\u1039\u1019\u102c\u108f\u102d\u102f\u1004\u1039\u1004\u1036\u104f \u1021\u103b\u1001\u102c\u1038\u1000\u1091 \u1005\u102e\u1038\u1015\u103c\u102c\u1038\u1031\u101b\u1038\u1016\u103c\u1036\u1095\u103b\u1016\u102d\u1033\u1038\u1019\u1088\u1019\u103a\u102c\u1038\u1000\u102d\u102f\u1015\u102b \u1011\u102d\u102f\u1001\u102d\u102f\u1000\u1039\u1031\u1005\u1015\u102b\u101e\u100a\u1039\u104b \u1011\u102d\u102f\u1095\u1031\u107e\u1000\u102c\u1004\u1039\u1037 \u1006\u1014\u1039\u1005\u1015\u102b\u1038\u1031\u1005\u103a\u1038\u108f\u1088\u1014\u1039\u1038 \u1010\u100a\u1039\u103b\u1004\u102d\u1019\u1039\u1019\u1088\u101b\u103d\u102d\u1019\u103d\u101e\u102c \u1006\u1014\u1039\u1005\u1015\u102b\u1038\u1021\u1011\u103c\u1000\u1039\u1010\u102d\u102f\u1038\u1031\u101b\u1038\u1000\u102d\u102f \u1031\u1006\u102c\u1004\u1039\u101b\u103c\u1000\u1039\u108f\u102f\u102d\u1004\u1039\u1019\u100a\u1039 \u103b\u1016\u1005\u1039\u1015\u102b\u101e\u100a\u1039\u104b<\/p>\n

* \u1010\u1016\u1014\u1039 \u1011\u102d\u102f\u101e\u102d\u102f\u1095\u1019\u101c\u102d\u102f\u1021\u1015\u1039\u1015\u1032 \u1005\u103c\u1014\u1039\u1095\u1005\u102c\u1038\u1031\u1014\u1031\u101e\u102c \u1021\u101c\u102f\u1015\u1039\u104f \u101e\u1018\u102c\u101d\u101e\u100a\u1039 \u1006\u1004\u1039\u1038\u101b\u1032\u103b\u1001\u1004\u1039\u1038\u104f \u1021\u1031\u103b\u1001\u1001\u1036 (\u1044)\u1001\u102f\u1019\u103d \u1010\u1005\u1039\u1001\u102f\u103b\u1016\u1005\u1039\u1031\u107e\u1000\u102c\u1004\u1039\u1038 \u1000\u1019\u107b\u102c\u1037\u1018\u100f\u1039 \u1042\u1040\u1040\u1040-\u1042\u1040\u1040\u1041 \u1021\u1005\u102e\u101b\u1004\u1039\u1001\u1036\u1005\u102c\u1010\u103c\u1004\u1039 \u1010\u1004\u1039\u103b\u1015\u1011\u102c\u1038\u1015\u102b\u101e\u100a\u1039\u104b (\u1021\u103b\u1001\u102c\u1038 \u1006\u1004\u1039\u1038\u101b\u1032\u103b\u1001\u1004\u1039\u1038 \u1021\u1031\u103b\u1001\u1001\u1036 \u101e\u1036\u102f\u1038\u1001\u102f\u1019\u103d\u102c \u1041\u104b \u101d\u1004\u1039\u1031\u1004\u103c\u1014\u100a\u1039\u1038\u103b\u1001\u1004\u1039\u1038\u104a \u1042\u104b \u1000\u103a\u1014\u1039\u1038\u1019\u102c\u1031\u101b\u1038\u108f\u103d\u1004\u1039\u1037\u1015\u100a\u102c\u1031\u101b\u1038\u1010\u103c\u1004\u1039 \u1019\u1010\u1010\u1039\u108f\u102d\u102f\u1004\u1039\u103b\u1001\u1004\u1039\u1038 \u108f\u103d\u1004\u1039\u1037 \u1043\u104b \u101c\u103c\u1010\u1039\u101c\u1015\u1039\u1005\u103c\u102c\u1031\u103b\u1015\u102c\u1006\u102d\u102f\u1001\u103c\u1004\u1039\u1037\u1019\u101b\u103b\u1001\u1004\u1039\u1038 \u1010\u102d\u102f\u1095\u103b\u1016\u1005\u1039\u101e\u100a\u1039\u104b \u1011\u102d\u102f\u1095\u1031\u107e\u1000\u102c\u1004\u1039\u1037 \u1021\u1011\u103c\u1000\u1039\u1010\u102d\u102f\u1038\u1031\u1005\u101b\u1014\u1039 \u1006\u1014\u1039\u1005\u1015\u102b\u1038\u1031\u1005\u103a\u1038\u108f\u1088\u1014\u1039\u1038\u1000\u102d\u102f \u1001\u1014\u1039\u1095\u1019\u103d\u1014\u1039\u1038\u1031\u1015\u1038\u108f\u102d\u102f\u1004\u1039\u1031\u101e\u102c \u1005\u1014\u1005\u1039\u1010\u1005\u1039\u1001\u102f \u101c\u102d\u102f\u1021\u1015\u1039\u1015\u102b\u101e\u100a\u1039\u104b \u1021\u1010\u1000\u1039\u107e\u1000\u1019\u1039\u1038 \u1021\u1000\u103a\u107e\u1000\u1019\u1039\u1038 \u1000\u102f\u1014\u1039\u107e\u1000\u1019\u1039\u1038\u1015\u1005\u1065\u100a\u1039\u1038\u1019\u103a\u102c\u1038\u104f \u1031\u1005\u103a\u1038\u108f\u1088\u1014\u1039\u1038\u1012\u100f\u1039 (Price Shock) \u1000\u102d\u102f \u1000\u102c\u1000\u103c\u101a\u1039\u1031\u1015\u1038\u108f\u102d\u102f\u1004\u1039\u1031\u101e\u102c \u1005\u1014\u1005\u1039\u1010\u1005\u1039\u1001\u102f \u101c\u102d\u102f\u101c\u102c\u1015\u102b\u101e\u100a\u1039\u104b<\/p>\n

* \u101e\u102d\u102f\u1095\u1019\u103d\u101e\u102c \u1031\u1010\u102c\u1004\u1039\u101e\u1030\u1010\u102d\u102f\u1095 \u1011\u102d\u102f\u1000\u1039\u101e\u1004\u1039\u1037\u1031\u101e\u102c \u1021\u103b\u1019\u1010\u1039\u101b\u101b\u103d\u102d\u108f\u102d\u102f\u1004\u1039\u1019\u100a\u1039 \u103b\u1016\u1005\u1039\u101e\u100a\u1039\u104b \u1011\u102d\u102f\u101e\u102d\u102f\u1095\u1031\u101e\u102c \u1011\u102d\u102f\u1000\u1039\u101e\u1004\u1039\u1037\u101e\u100a\u1039\u1037 \u1021\u103b\u1019\u1010\u1039\u101b\u101b\u103d\u102d\u1019\u103d\u101e\u102c \u1031\u1010\u102c\u1004\u1039\u101e\u1030\u1010\u102d\u102f\u1095\u101e\u100a\u1039 \u1044\u1004\u1039\u1038\u1010\u102d\u102f\u1095\u1021\u1010\u103c\u1000\u1039 \u1021\u103b\u1001\u102c\u1038\u101c\u102f\u102d\u1021\u1015\u1039\u1001\u103a\u1000\u1039\u1019\u103a\u102c\u1038\u1010\u103c\u1004\u1039 \u1031\u1004\u103c\u1000\u102d\u102f \u101e\u1036\u102f\u1038\u108f\u102d\u102f\u1004\u1039\u1019\u100a\u1039\u103b\u1016\u1005\u1039\u101e\u100a\u1039\u104b \u1011\u102d\u102f\u101e\u102d\u102f\u1095 \u1031\u1010\u102c\u1004\u1039\u101e\u1030\u1021\u1019\u103a\u102c\u1038\u1005\u102f\u107e\u1000\u102e\u1038\u1000 \u1031\u1004\u103c\u1000\u102d\u102f \u101e\u1036\u102f\u1038\u108f\u102d\u102f\u1004\u1039\u1019\u103d\u101e\u102c \u103b\u1019\u1014\u1039\u1019\u102c\u108f\u102d\u102f\u1004\u1039\u1004\u1036\u104f \u1021\u103b\u1001\u102c\u1038\u1005\u102e\u1038\u1015\u103c\u102c\u1038\u1031\u101b\u1038\u1019\u103a\u102c\u1038 \u103b\u1019\u1004\u1039\u1037\u1010\u1000\u1039\u101c\u102c\u1019\u100a\u1039\u104b \u1011\u102d\u102f\u101e\u102d\u102f\u1095 \u1031\u1010\u102c\u1004\u1039\u101e\u1030\u1019\u103a\u102c\u1038 \u1018\u101d \u103b\u1019\u1004\u1039\u1037\u1010\u1000\u1039\u101c\u102c\u1019\u103d\u101e\u102c \u103b\u1019\u1014\u1039\u1019\u102c\u108f\u102d\u102f\u1004\u1039\u1004\u1036\u107e\u1000\u102e\u1038\u1010\u1005\u1039\u1001\u102f\u101c\u1036\u102f\u1038\u104f \u1005\u102e\u1038\u1015\u103c\u102c\u1038\u1031\u101b\u1038\u103b\u1019\u1004\u1039\u1037\u1010\u1000\u1039\u101c\u102c\u1019\u100a\u1039\u1037 \u101e\u1031\u1018\u102c\u103b\u1016\u1005\u1039\u101e\u100a\u1039\u104b<\/p>\n

(\u1046) \u101e\u1019\u102d\u102f\u1004\u1039\u1038\u101e\u1000\u1039\u1031\u101e\u1021\u1019\u103d\u102c\u1038\u1019\u103a\u102c\u1038<\/i><\/b>
\n* \u101e\u102e\u1038\u108f\u103d\u1036\u1000\u102f\u1014\u1039\u107e\u1000\u1019\u1039\u1038 \u1010\u100a\u1039\u103b\u1004\u102d\u1019\u1039\u1031\u101b\u1038 \u1021\u1031\u101b\u1038\u107e\u1000\u102e\u1038\u1015\u1036\u102f\u1000\u102d\u102f \u1000\u1019\u107b\u102c\u1031\u1015\u105a\u101b\u103d\u102d \u1021\u1005\u102d\u102f\u1038\u101b\u1010\u102d\u102f\u1004\u1039\u1038\u101c\u102d\u102f\u101c\u102d\u102f \u1014\u1000\u1039\u1014\u1000\u1039\u1014\u1032\u1014\u1032 \u1014\u102c\u1038\u101c\u100a\u1039 \u101c\u1000\u1039\u1001\u1036\u1011\u102c\u1038\u1031\u101e\u102c \u101a\u1030\u1006\u1001\u103a\u1000\u1039\u1010\u1005\u1039\u1001\u102f \u103b\u1016\u1005\u1039\u1015\u102b\u101e\u100a\u1039\u104b \u101b\u100a\u1039\u1019\u103d\u1014\u1039\u1038\u1001\u103a\u1000\u1039\u101c\u100a\u1039\u1038 \u103b\u1016\u1005\u1039\u1015\u102b\u101e\u100a\u1039\u104b \u1041\u1049\u1049\u1040 \u1001\u102f\u108f\u103d\u1005\u1039 \u1019\u1010\u102d\u102f\u1004\u1039\u1019\u102e\u1000 \u1017\u101f\u102d\u102f\u1021\u1005\u102d\u102f\u1038\u101b\u1019\u103d \u1001\u103a\u1033\u1015\u1039\u1000\u102d\u102f\u1004\u1039\u1031\u101e\u102c \u1005\u102e\u1038\u1015\u103c\u102c\u1038\u1031\u101b\u1038\u1005\u1014\u1005\u1039 (\u1000\u103c\u1014\u1039\u103b\u1019\u1034\u1014\u1005\u1039\u108f\u103d\u1004\u1039\u1037\u1006\u102d\u102f\u101b\u103d\u101a\u1039\u101c\u1005\u1039) \u1000\u102d\u102f \u1021\u1031\u103b\u1001\u1001\u1036\u1031\u101e\u102c\u1005\u1014\u1005\u1039\u1010\u103c\u1004\u1039 \u101e\u102e\u1038\u108f\u103d\u1036\u1031\u1005\u103a\u1038\u108f\u1088\u1014\u1039\u1038 \u1010\u100a\u1039\u103b\u1004\u102d\u1019\u1039\u1031\u1021\u102c\u1004\u1039 \u1021\u1005\u102d\u102f\u1038\u101b\u1000 \u101e\u102e\u1038\u108f\u103d\u1036\u1031\u1005\u103a\u1038\u1000\u103c\u1000\u1039\u1010\u103c\u1004\u1039 \u1031\u1004\u103c\u1031\u107e\u1000\u1038\u1019\u103a\u102c\u1038\u1005\u103c\u102c \u1021\u1000\u102f\u1014\u1039\u1000\u103a\u1001\u1036\u103b\u1015\u102e\u1038 \u1031\u1005\u103a\u1038\u108f\u1088\u1014\u1039\u1038\u1010\u100a\u1039\u103b\u1004\u102d\u1019\u1039\u1031\u1021\u102c\u1004\u1039 \u107e\u1000\u102d\u1033\u1038\u1005\u102c\u1038\u1001\u1032\u1037\u107e\u1000\u1015\u102b\u101e\u100a\u1039\u104b \u1031\u1014\u102c\u1000\u1039\u1015\u102d\u102f\u1004\u1039\u1038\u1010\u103c\u1004\u1039 \u1017\u101f\u102d\u102f\u1001\u103a\u1033\u1015\u1039\u1000\u102d\u102f\u1004\u1039\u1031\u101e\u102c \u1005\u102e\u1038\u1015\u103c\u102c\u1038\u1031\u101b\u1038\u1005\u1014\u1005\u1039\u1019\u103a\u102c\u1038 \u103b\u1015\u102d\u1033\u1000\u103c\u1032\u101e\u103c\u102c\u1038\u103b\u1015\u102e\u1038 \u1005\u102d\u102f\u1000\u1039\u1015\u103a\u102d\u1033\u1038\u1031\u101b\u1038\u1031\u1005\u103a\u1038\u1000\u103c\u1000\u1039\u1019\u103a\u102c\u1038 \u101c\u103c\u1010\u1039\u101c\u1015\u1039\u101e\u103c\u102c\u1038\u1031\u101e\u102c\u1021\u1001\u102b \u1011\u102d\u102f\u108f\u102d\u102f\u1004\u1039\u1004\u1036\u1019\u103a\u102c\u1038\u101b\u103d\u102d \u1005\u102d\u102f\u1000\u1039\u1015\u103a\u102d\u1033\u1038\u1031\u101b\u1038 \u1021\u1001\u1014\u1039\u1038\u1000\u1091\u1000\u102d\u102f \u1000\u102c\u1000\u103c\u101a\u1039\u1031\u1015\u1038\u1019\u100a\u1039\u1037 \u1021\u1005\u102d\u102f\u1038\u101b\u1019\u101b\u103d\u102d\u1031\u1010\u102c\u1037\u1031\u1015\u104b \u1011\u102d\u102f\u1031\u1001\u1010\u1039\u1021\u1001\u103a\u102d\u1014\u1039\u1000 \u101e\u102e\u1038\u108f\u103d\u1036\u1031\u1005\u103a\u1038\u108f\u1088\u1014\u1039\u1038\u101e\u102c\u1019\u1000 \u101c\u1019\u1039\u1038\u1010\u1036\u1010\u102c\u1038\u104a \u101c\u103d\u103a\u1015\u1039\u1005\u1005\u1039 \u1005\u101e\u100a\u1039\u1010\u102d\u102f\u1095\u1000\u102d\u102f \u1021\u1005\u102d\u102f\u1038\u101b\u1019\u103a\u102c\u1038\u1000 \u1031\u1004\u103c\u1031\u107e\u1000\u1038\u1005\u102d\u102f\u1000\u1039\u1011\u102f\u1010\u1039 \u1031\u1006\u102c\u1004\u1039\u101b\u103c\u1000\u1039\u101b\u1019\u100a\u1039\u101f\u102f \u101c\u1000\u1039\u1001\u1036\u1011\u102c\u1038\u1031\u101e\u102c \u1021\u1001\u103a\u102d\u1014\u1039\u103b\u1016\u1005\u1039\u101e\u100a\u1039\u104b<\/p>\n

* \u1010\u1016\u1014\u1039 \u101e\u1019\u102d\u102f\u1004\u1039\u1038\u1000\u102d\u102f \u103b\u1015\u1014\u1039\u107e\u1000\u100a\u1039\u1037\u101c\u103d\u103a\u1004\u1039\u101c\u100a\u1039\u1038 \u1021\u1005\u102d\u102f\u1038\u101b\u1000 \u1031\u1011\u102c\u1000\u1039\u1015\u1036\u1037\u1031\u1015\u1038\u1031\u101e\u102c \u1031\u1005\u103a\u1038\u108f\u1088\u1014\u1039\u1038\u1021\u1010\u1000\u1039\u1021\u1000\u103a\u1000\u102d\u102f \u1000\u102c\u1000\u103c\u101a\u1039\u1031\u1015\u1038\u101e\u100a\u1039\u1037 \u1005\u1014\u1005\u1039\u1021\u102c\u1038\u101c\u1036\u102f\u1038\u1014\u102e\u1038\u1015\u102b\u1038\u101c\u102d\u102f\u101c\u102d\u102f\u1019\u103d\u102c \u1000\u1019\u107b\u102c\u1010\u101d\u103d\u1019\u1039\u1038\u1010\u103c\u1004\u1039 \u1031\u1021\u102c\u1004\u1039\u103b\u1019\u1004\u1039\u1019\u1088 \u1019\u101b\u101b\u103d\u102d\u1001\u1032\u1037\u1031\u1015\u1038\u104b \u1010\u1016\u1014\u1039 \u103b\u1019\u1014\u1039\u1019\u102c\u108f\u102d\u102f\u1004\u1039\u1004\u1036\u101e\u102d\u102f\u1095 \u1019\u107e\u1000\u102c\u1019\u102e\u1000 \u101c\u102c\u1031\u101b\u102c\u1000\u1039\u1001\u1032\u1037\u1031\u101e\u102c \u1000\u1019\u107b\u102c\u1031\u1000\u103a\u102c\u1039 \u108f\u102d\u102f\u1039\u1017\u101a\u1039\u1006\u102f\u101b \u1005\u102e\u1038\u1015\u103c\u102c\u1038\u1031\u101b\u1038\u1015\u100a\u102c\u101b\u103d\u1004\u1039 \u1005\u1010\u1005\u1039\u1002\u1031\u101c\u1005\u1039\u1000\u101c\u100a\u1039\u1038 \u101e\u1030\u104f \u1041\u1049\u1048\u1041\u1001\u102f\u108f\u103d\u1005\u1039 The theory of commodity price stabilization: a study in the economics of risk – David M.G. Newbery and Joseph E. Stiglitz \u1010\u103c\u1004\u1039 \u1021\u1005\u102d\u102f\u1038\u101b\u1019\u103a\u102c\u1038\u104f \u1021\u101b\u1014\u1039\u1000\u102f\u1014\u1039\u1011\u102c\u1038\u101b\u103d\u102d\u103b\u1015\u102e\u1038 \u101e\u102e\u1038\u108f\u103d\u1036\u1031\u1005\u103a\u1038\u108f\u1088\u1014\u1039\u1038 \u1010\u100a\u1039\u103b\u1004\u102d\u1019\u1039\u1031\u1021\u102c\u1004\u1039 \u1011\u102d\u1019\u1039\u1038\u101e\u102d\u1019\u1039\u1038\u103b\u1001\u1004\u1039\u1038\u1019\u103a\u102c\u1038 \u1019\u1031\u1021\u102c\u1004\u1039\u103b\u1019\u1004\u1039\u108f\u102d\u102f\u1004\u1039\u1031\u107e\u1000\u102c\u1004\u1039\u1038\u1000\u102d\u102f \u1031\u1016\u102c\u1039\u103b\u1015\u1001\u1032\u1037\u101e\u100a\u1039\u104b<\/p>\n

\u1000\u102f\u1014\u1039\u107e\u1000\u1019\u1039\u1038\u1015\u1005\u1065\u100a\u1039\u1038 \u1011\u102f\u1010\u1039\u101c\u102f\u1015\u1039\u1031\u101e\u102c \u1021\u1005\u102d\u102f\u1038\u101b\u1019\u103a\u102c\u1038\u1000 \u1021\u1006\u102d\u102f\u1015\u102b \u1014\u100a\u1039\u1038\u1005\u1014\u1005\u1039\u1019\u103a\u102c\u1038 \u1019\u1031\u1021\u102c\u1004\u1039\u103b\u1019\u1004\u1039\u1031\u1010\u102c\u1037\u1031\u101e\u102c\u1021\u1001\u102b \u1041\u1049\u1049\u1040 \u1031\u1014\u102c\u1000\u1039\u1015\u102d\u102f\u1004\u1039\u1038\u108f\u103d\u1005\u1039\u1019\u103a\u102c\u1038\u1019\u103d \u1005\u104d \u1021\u1005\u102d\u102f\u1038\u101b\u1031\u1015\u105a\u101c\u1005\u102e\u1015\u102d\u102f\u1004\u1039\u1038\u1000\u102d\u102f\u101c\u100a\u1039\u1038 \u1021\u1031\u1011\u102c\u1000\u1039\u1021\u1000\u1030\u103b\u1015\u1033 \u1005\u102d\u102f\u1000\u1039\u1015\u103a\u102d\u1033\u1038\u101e\u1030\u1031\u1010\u102c\u1004\u1039\u101e\u1030\u108f\u103d\u1004\u1039\u1037 \u1005\u102c\u1038\u101e\u1036\u102f\u1038\u101e\u1030\u1019\u103a\u102c\u1038\u1000\u102d\u102f\u101c\u100a\u1039\u1038 \u1031\u1011\u102c\u1000\u1039\u1015\u1036\u1037 \u1031\u1015\u1038\u1031\u1014\u101e\u100a\u1039\u1037 \u1005\u1014\u1005\u1039\u1000\u102d\u102f \u1018\u103c\u102c\u1038\u1000\u1014\u1032 \u1031\u1010\u103c\u1095\u107e\u1000\u101e\u100a\u1039\u104b \u1011\u102d\u102f\u1005\u1014\u1005\u1039\u1000\u102d\u102f \u1041\u1047 \u101b\u102c\u1005\u102f \u1000\u1010\u100a\u1039\u1038\u1000 \u1002\u103a\u1015\u1014\u1039\u108f\u102d\u102f\u1004\u1039\u1004\u1036\u1010\u103c\u1004\u1039\u1044\u1004\u1039\u1038\u104a \u1041\u1049\u101b\u102c\u1005\u102f \u1000\u1010\u100a\u1039\u1038\u1000 \u1021\u1031\u1019\u101b\u102d\u1000\u1014\u1039\u108f\u102d\u102f\u1004\u1039\u1004\u1036\u1010\u103c\u1004\u1039\u1044\u1004\u1039\u1038\u104a \u1000\u103a\u1004\u1039\u1037\u101e\u1036\u102f\u1038\u1001\u1032\u1037\u1015\u102b\u101e\u100a\u1039\u104b \u1000\u103a\u1004\u1039\u1037\u101e\u1036\u102f\u1038\u1006\u1032\u101c\u1032 \u103b\u1016\u1005\u1039\u1015\u102b\u101e\u100a\u1039\u104b<\/p>\n

(\u1047) \u1031\u1010\u102c\u1004\u1039\u101e\u1030\u101c\u101a\u1039\u101e\u1019\u102c\u1038\u1019\u103a\u102c\u1038\u1021\u1010\u103c\u1000\u1039 “\u1019\u102f\u1014\u1039\u1095”<\/i><\/b>
\n* \u1011\u102d\u102f\u101e\u102d\u102f\u1095 \u1021\u1010\u1000\u1039\u1021\u1000\u103a \u107e\u1000\u1019\u1039\u1038\u1031\u101e\u102c \u1031\u1005\u103a\u1038\u108f\u1088\u1014\u1039\u1038\u1019\u103a\u102c\u1038\u1000\u102d\u102f \u101e\u1000\u1039\u101e\u102c\u1031\u1005\u1031\u101e\u102c \u1021\u1031\u1014\u102c\u1000\u1039\u108f\u102d\u102f\u1004\u1039\u1004\u1036\u1019\u103a\u102c\u1038\u104f \u1031\u1005\u103a\u1038\u1000\u103c\u1000\u1039\u1021\u1031\u103b\u1001\u1001\u1036 \u1031\u1005\u103a\u1038\u108f\u1088\u1014\u1039\u1038\u1011\u102d\u1014\u1039\u1038\u1001\u103a\u1033\u1015\u1039\u1005\u1014\u1005\u1039\u1019\u103d\u102c (\u1031\u1010\u102c\u1004\u1039\u101e\u1030\u101c\u101a\u1039\u101e\u1019\u102c\u1038\u1019\u103a\u102c\u1038\u1021\u1010\u103c\u1000\u1039 “\u1019\u102f\u1014\u1039\u1095”) \u1000\u102d\u102f \u1017\u101f\u102d\u102f \u1000\u102f\u1014\u1039\u1005\u100a\u1039\u1016\u101c\u103d\u101a\u1039\u1012\u102d\u102f\u1000\u1039\u107e\u1000\u102e\u1038 (Commodities Exchange Center) \u101f\u102f \u1031\u1001\u105a\u1015\u102b\u101e\u100a\u1039\u104b \u1031\u1014\u102c\u1000\u1039\u1006\u1036\u102f\u1038\u1010\u103c\u1004\u1039 \u1000\u103c\u103a\u1014\u1039\u1031\u1010\u102c\u1039\u1010\u102d\u102f\u1095 \u101b\u1004\u1039\u1006\u102d\u102f\u1004\u1039\u1031\u1014\u101b\u1031\u101e\u102c \u1031\u1005\u103a\u1038\u108f\u1088\u1014\u1039\u1038\u1012\u100f\u1039 (Price Risk) \u1000\u102d\u102f \u1031\u103b\u1016\u101b\u103d\u1004\u1039\u1038\u1031\u1015\u1038\u108f\u102d\u102f\u1004\u1039\u1019\u100a\u1039\u1037 \u1005\u1014\u1005\u1039\u1019\u103d\u102c \u1000\u102f\u1014\u1039\u1005\u100a\u1039 \u1012\u102d\u102f\u1004\u1039\u107e\u1000\u102e\u1038 \u1005\u1014\u1005\u1039 \u103b\u1016\u1005\u1039\u1031\u107e\u1000\u102c\u1004\u1039\u1038 \u1000\u1019\u107b\u102c\u1031\u1015\u105a\u101b\u103d\u102d \u1021\u1005\u102d\u102f\u1038\u101b\u1014\u102e\u1038\u1015\u102b\u1038 \u101c\u1000\u1039\u1001\u1036\u101c\u102c\u107e\u1000\u1015\u102b\u101e\u100a\u1039\u104b<\/p>\n

* \u1024\u1005\u1014\u1005\u1039\u1000\u102d\u102f \u1016\u103c\u1036\u1095\u103b\u1016\u102d\u1033\u1038\u103b\u1015\u102e\u1038 \u108f\u102d\u102f\u1004\u1039\u1004\u1036\u1019\u103a\u102c\u1038\u103b\u1016\u1005\u1039\u101e\u100a\u1039\u1037 \u1002\u103a\u1015\u1014\u1039\u108f\u102d\u102f\u1004\u1039\u1004\u1036\u104a \u1025\u1031\u101b\u102c\u1015\u108f\u103d\u1004\u1039\u1037 \u1021\u1031\u1019\u101b\u102d\u1000\u1014\u1039\u101c\u102d\u102f \u108f\u102d\u102f\u1004\u1039\u1004\u1036\u1019\u103a\u102c\u1038\u1010\u103c\u1004\u1039 \u101b\u103d\u102d\u1015\u102b\u101e\u100a\u1039\u104b \u1021\u101b\u103d\u102d\u1014\u1039\u1021\u101f\u102f\u1014\u1039\u103b\u1016\u1004\u1039\u1037 \u1016\u103c\u1036\u1095\u103b\u1016\u102d\u1033\u1038\u1006\u1032 \u103b\u1016\u1005\u1039\u1031\u1014\u1031\u101e\u102c \u1019\u1031\u101c\u1038\u101b\u103d\u102c\u1038\u104a \u1010\u101b\u102f\u1015\u1039\u104a \u1018\u101b\u102c\u1007\u102e\u1038\u104a \u101b\u102f\u101b\u103d\u102c\u1038\u104a \u1021\u102d\u108f\u1077\u102d\u101a \u108f\u102d\u102f\u1004\u1039\u1004\u1036\u1019\u103a\u102c\u1038\u1010\u103c\u1004\u1039\u101c\u100a\u1039\u1038 \u101b\u103d\u102d\u1015\u102b\u101e\u100a\u1039\u104b \u1016\u103c\u1036\u1095\u103b\u1016\u102d\u1033\u1038\u1019\u1088\u1014\u100a\u1039\u1038\u1031\u101e\u102c \u108f\u102d\u102f\u1004\u1039\u1004\u1036\u1019\u103a\u102c\u1038\u103b\u1016\u1005\u1039\u101e\u100a\u1039\u104b \u1019\u102c\u101c\u102c\u101d\u102e\u104a \u1021\u102e\u101e\u102e\u101a\u102d\u102f\u1015\u102e\u1038\u101a\u102c\u1038\u104a \u1014\u102d\u1031\u1015\u102b\u104a \u1000\u1031\u1019\u107b\u102c\u1012\u102e\u101a\u102c\u1038 \u108f\u102d\u102f\u1004\u1039\u1004\u1036\u1019\u103a\u102c\u1038\u1010\u103c\u1004\u1039\u101c\u100a\u1039\u1038 \u101b\u103d\u102d\u1031\u1014\u103b\u1015\u102e\u103b\u1016\u1005\u1039\u1015\u102b\u101e\u100a\u1039\u104b \u1017\u101f\u102f\u102d\u1000\u102f\u1014\u1039\u1005\u100a\u1039\u1016\u101c\u103d\u101a\u1039\u1012\u102d\u102f\u1004\u1039\u107e\u1000\u102e\u1038 \u1006\u102d\u102f\u101e\u100a\u1039\u1019\u103d\u102c \u1005\u102d\u102f\u1000\u1039\u1015\u103a\u102d\u1034\u1038\u1011\u103c\u1000\u1039\u1000\u102f\u1014\u1039\u1015\u1005\u1065\u100a\u1039\u1038\u1019\u103a\u102c\u1038\u104f \u1031\u1005\u103a\u1038\u108f\u1088\u1014\u1039\u1038\u1005\u103c\u1014\u1039\u1095\u1005\u102c\u1038\u1019\u1088 \u1021\u108f\u1071\u101b\u102c\u101a\u1039\u1000\u102d\u102f \u1021\u101e\u1004\u1039\u1038\u1021\u1016\u103c\u1032\u1095 \u1016\u103c\u1032\u1095\u103b\u1015\u102e\u1038 \u1031\u101b\u102c\u1004\u1039\u1038\u101e\u1030\u108f\u103d\u1004\u1039\u1037 \u101d\u101a\u1039\u101e\u1030\u1019\u103a\u102c\u1038\u1000 \u101e\u1010\u1039\u1019\u103d\u1010\u1039\u1011\u102c\u1038\u1031\u101e\u102c \u101c\u102f\u1015\u1039\u1011\u1036\u102f\u1038\u101c\u102f\u1015\u1039\u1014\u100a\u1039\u1038 \u1025\u1015\u1031\u1012\u1019\u103a\u102c\u1038\u103b\u1016\u1004\u1039\u1037\u1021\u100a\u102e \u1005\u1014\u1005\u1039\u1010\u1000\u103a \u103b\u1015\u1014\u1039\u101c\u100a\u1039 \u1010\u1036\u102f\u1095\u103b\u1015\u1014\u1039\u1031\u101e\u102c \u1005\u1014\u1005\u1039\u107e\u1000\u102e\u1038\u103b\u1016\u1005\u1039\u1015\u102b\u101e\u100a\u1039\u104b \u1024\u1005\u1014\u1005\u1039\u1000\u102d\u102f \u1021\u102e\u101e\u102e\u101a\u102d\u102f\u1015\u102e\u1038\u101a\u102c\u1038 \u108f\u102d\u102f\u1004\u1039\u1004\u1036\u1010\u103c\u1004\u1039 \u103b\u1015\u102e\u1038\u1001\u1032\u1037\u101e\u100a\u1039 \u1045\u108f\u103d\u1005\u1039\u1001\u1014\u1039\u1095\u1000 \u1005\u1010\u1004\u1039\u1000\u103a\u1004\u1039\u1037\u101e\u1036\u102f\u1038\u1001\u1032\u1037\u101b\u102c \u101d\u1000\u1039\u101d\u1000\u1039\u1000\u103c\u1032 \u1031\u1021\u102c\u1004\u1039\u103b\u1019\u1004\u1039\u1001\u1032\u1037\u103b\u1015\u102e\u1038 \u1031\u1010\u102c\u1004\u1039\u101e\u1030\u101c\u101a\u1039\u101e\u1019\u102c\u1038\u1019\u103a\u102c\u1038\u104f \u1018\u101d\u1019\u103a\u102c\u1038 \u1010\u102d\u102f\u1038\u1010\u1000\u1039\u101c\u102c\u1001\u1032\u1037\u1015\u102b\u101e\u100a\u1039\u104b<\/p>\n

* \u1012\u102b\u1006\u102d\u102f \u103b\u1019\u1014\u1039\u1019\u102c\u108f\u102d\u102f\u1004\u1039\u1004\u1036\u1019\u103d\u102c \u101b\u103d\u102d\u1010\u1032\u1037 \u101c\u101a\u1039\u101e\u1019\u102c\u1038\u1019\u103a\u102c\u1038\u1031\u1010\u103c \u1021\u102c\u1038\u101c\u1036\u102f\u1038 \u1031\u1005\u103a\u1038\u108f\u1088\u1014\u1039\u1038 \u1012\u100f\u1039\u1001\u1036\u101b\u103b\u1015\u102e\u1038 \u1021\u1006\u1004\u1039\u1019\u1031\u103b\u1015 \u103b\u1016\u1005\u1039\u1031\u1014\u107e\u1000\u1010\u102c\u101c\u102c\u1038 \u101f\u1030\u1031\u101e\u102c \u1031\u1019\u1038\u1001\u103c\u1014\u1039\u1038\u1015\u1004\u1039\u103b\u1016\u1005\u1039\u101e\u100a\u1039\u104b \u1019\u101f\u102f\u1010\u1039\u1015\u102b\u104b \u1021\u1001\u103a\u102d\u1033\u1095\u1031\u1001\u103a\u102c\u1004\u1039\u1031\u1001\u103a\u102c\u1004\u1039\u101c\u100a\u1039\u101c\u100a\u1039\u108f\u103d\u1004\u1039\u1037 \u1031\u1021\u102c\u1004\u1039\u1031\u1021\u102c\u1004\u1039\u103b\u1019\u1004\u1039\u103b\u1019\u1004\u1039 \u103b\u1016\u1005\u1039\u1031\u1014\u1031\u101e\u102c \u101c\u101a\u1039\u101e\u1019\u102c\u1038\u1019\u103a\u102c\u1038 \u1031\u1000\u103a\u1038\u101b\u103c\u102c\u1010\u102d\u102f\u1004\u1039\u1038\u1010\u103c\u1004\u1039 \u101b\u103d\u102d\u1015\u102b\u101e\u100a\u1039\u104b \u1012\u102b\u1006\u102d\u102f \u1005\u102d\u1010\u1039\u101d\u1004\u1039\u1005\u102c\u1038\u1005\u101b\u102c\u1031\u1000\u102c\u1004\u1039\u1038\u101e\u100a\u1039\u1019\u103d\u102c \u1011\u102d\u102f\u1021\u1006\u1004\u1039\u1031\u103b\u1015\u1031\u1014\u1031\u101e\u102c \u101c\u101a\u1039\u101e\u1019\u102c\u1038\u1031\u1010\u103c\u101b\u1032\u1037 \u101c\u1088\u102d\u1095\u101d\u103d\u1000\u1039\u1001\u103a\u1000\u1039\u1031\u1010\u102b\u1000 \u1018\u102c\u1031\u1010\u103c\u103b\u1016\u1005\u1039\u1019\u103d\u102c\u101c\u1032\u104b \u101e\u1030\u1010\u102d\u102f\u1095\u101c\u102d\u102f \u1000\u103a\u1014\u1039\u1010\u1032\u1037 \u101c\u101a\u1039\u101e\u1019\u102c\u1038\u1031\u1010\u103c\u1031\u101b\u102c \u1021\u1006\u1004\u1039\u1019\u1031\u103b\u1015\u108f\u102d\u102f\u1004\u1039\u1018\u1030\u1038\u101c\u102c\u1038 \u1006\u102d\u102f\u1031\u101e\u102c \u1031\u1019\u1038\u1001\u103c\u1014\u1039\u1038\u1015\u1004\u1039\u103b\u1016\u1005\u1039\u101e\u100a\u1039\u104b<\/p>\n

* \u1011\u102d\u102f\u101c\u101a\u1039\u101e\u1019\u102c\u1038\u1019\u103a\u102c\u1038\u104f \u101c\u102d\u1088\u1095\u101d\u103d\u1000\u1039\u1001\u103a\u1000\u1039\u1019\u103d\u102c \u101e\u102e\u1038\u108f\u103d\u1036\u1031\u1015\u105a\u1001\u103a\u102d\u1014\u1039 \u1006\u1014\u1039\u1005\u1015\u102b\u1038\u1031\u1015\u105a\u1001\u103a\u102d\u1014\u1039\u1010\u103c\u1004\u1039 \u1021\u103b\u1001\u102c\u1038\u101c\u101a\u1039\u101e\u1019\u102c\u1038 \u1021\u1019\u103a\u102c\u1038\u1005\u102f\u1000 \u1021\u101e\u100a\u1039\u1038\u1021\u101e\u1014\u1039 \u1031\u101b\u102c\u1004\u1039\u1038\u1001\u103a\u1031\u1014\u1031\u101e\u102c\u1021\u1001\u103a\u102d\u1014\u1039\u1010\u103c\u1004\u1039 \u1019\u1031\u101b\u102c\u1004\u1039\u1038\u1015\u1032\u104a \u101e\u102e\u1038\u108f\u103d\u1036\u1031\u1015\u105a\u103b\u1015\u102e\u1038 \u1031\u1014\u102c\u1000\u1039\u1015\u102d\u102f\u1004\u1039\u1038 \u101e\u102e\u1038\u108f\u103d\u1036\u1031\u1005\u103a\u1038 \u1031\u1000\u102c\u1004\u1039\u1038\u101c\u102c\u101e\u100a\u1039\u1037 \u1000\u102c\u101c\u1021\u1011\u102d \u1031\u1005\u102c\u1004\u1039\u1037\u1031\u101b\u102c\u1004\u1039\u1038\u108f\u102d\u102f\u1004\u1039\u101e\u1030\u1019\u103a\u102c\u1038 \u103b\u1016\u1005\u1039\u101e\u100a\u1039 .. \u101f\u1030\u1031\u101e\u102c \u1021\u1001\u103a\u1000\u1039\u1015\u1004\u1039\u103b\u1016\u1005\u1039\u101e\u100a\u1039\u104b \u1021\u1011\u1000\u1039\u1000 \u1031\u103b\u1015\u102c\u1010\u1032\u1037 \u1021\u1006\u1004\u1039\u1031\u103b\u1015\u1010\u1032\u1037 \u1021\u1006\u1004\u1039\u1031\u103b\u1015\u1010\u1032\u1037 \u1031\u1010\u102c\u1004\u1039\u101e\u1030\u1031\u1010\u103c\u101f\u102c \u1011\u102c\u1038\u101e\u102d\u102f\u1016\u102d\u102f\u1095 \u1001\u1000\u1039\u1001\u1032\u1010\u1032\u1037 \u1015\u1032\u101c\u102d\u102f\u1019\u103a\u102d\u1033\u1038 \u101c\u101a\u1039\u101a\u102c\u1011\u103c\u1000\u1039\u1000\u102f\u1014\u1039\u1031\u1010\u103c\u1000\u102d\u102f \u1015\u103c\u1032\u101b\u1036\u102f (Warehouse) \u1031\u1010\u103c\u1019\u103d\u102c \u101e\u103c\u102c\u1038\u1021\u1015\u1039\u1011\u102c\u1038\u1010\u101a\u1039\u104b \u1012\u102e\u101c\u102d\u102f \u1021\u1015\u1039\u1011\u102c\u1038\u101c\u102d\u102f\u1000\u1039\u1010\u1032\u1037\u1021\u1010\u103c\u1000\u1039 \u1015\u1032\u1031\u1010\u103c \u1019\u102d\u1019\u102d\u1031\u1014\u101b\u102c\u1019\u103d\u102c \u1011\u102c\u1038\u101e\u102d\u102f\u101b\u1004\u1039 \u103b\u1016\u1005\u1039\u1019\u1032\u1037 \u1015\u103a\u1000\u1039\u1005\u102e\u1038\u1010\u102c\u1031\u1010\u103c \u1015\u102d\u102f\u1038\u1011\u102d\u102f\u1038\u1010\u102c\u1031\u1010\u103c \u1031\u101b\u103d\u102c\u1004\u1039\u101c\u108a\u1032\u101c\u102d\u102f\u1095 \u101b\u101e\u103c\u102c\u1038\u107e\u1000\u1015\u102b\u101e\u100a\u1039\u104b<\/p>\n

\u1021\u1032\u1012\u102e\u101c\u102d\u102f \u1021\u1015\u1039\u1011\u102c\u1038\u1010\u1032\u1037 \u1000\u102f\u1014\u1039\u1015\u1005\u1065\u100a\u1039\u1038\u1000\u102d\u102f \u1015\u103c\u1032\u101b\u1036\u102f\u1000\u1031\u1010\u102c\u1004\u1039\u101e\u1030\u1000\u102d\u102f \u101c\u1000\u1039\u1001\u1036\u101b\u101b\u103d\u102d\u1031\u107e\u1000\u102c\u1004\u1039\u1038 \u103b\u1016\u1010\u1039\u1015\u102d\u102f\u1004\u1039\u1038\u1031\u101c\u1038 (Recept) \u1031\u101c\u1038 \u1011\u102f\u1010\u1039\u1031\u1015\u1038\u1011\u102c\u1038\u101c\u102d\u102f\u1000\u1039\u1010\u101a\u1039\u104b \u1031\u1010\u102c\u1004\u1039\u101e\u1030\u1000 \u1012\u102e\u103b\u1016\u1010\u1039\u1015\u102d\u102f\u1004\u1039\u1038\u1031\u101c\u1038\u1000\u102d\u102f \u1000\u102d\u102f\u1004\u1039\u1011\u102c\u1038\u103b\u1015\u102e\u1038 \u101e\u1030\u1021\u1015\u1039\u1011\u102c\u1038\u1010\u1032\u1037 \u1000\u102f\u1014\u1039\u1015\u1005\u1065\u100a\u1039\u1038\u1031\u1005\u103a\u1038\u1031\u1000\u102c\u1004\u1039\u1038\u101b\u1010\u1032\u1037\u1021\u1001\u103a\u102d\u1014\u1039\u107e\u1000\u1019\u103d \u1031\u1005\u103a\u1038\u1000\u103c\u1000\u1039\u1031\u1015\u102b\u1000\u1039\u1031\u1005\u103a\u1038\u1014\u1032\u1095 \u101e\u1004\u1039\u1037\u103b\u1015\u102e\u1038 \u1015\u103c\u1032\u101b\u1036\u102f\u1000 \u1031\u1010\u102c\u1004\u1039\u101e\u1030\u1000\u102d\u102f \u1031\u1004\u103c\u101b\u103d\u1004\u1039\u1038\u1031\u1015\u1038\u1010\u101a\u1039\u104b \u101e\u102d\u102f\u1095\u1031\u101e\u102c\u1039 \u1031\u1010\u102c\u1004\u1039\u101e\u1030\u1021\u1019\u103a\u102c\u1038\u1005\u102f\u1019\u103d\u102c \u1031\u1004\u103c\u1000\u102d\u102f \u1001\u103a\u1000\u1039\u1001\u103a\u1004\u1039\u1038\u101c\u102d\u102f\u101e\u1030\u1019\u103a\u102c\u1038 \u103b\u1016\u1005\u1039\u103b\u1015\u102e\u1038 \u1024\u1005\u1014\u1005\u1039\u104f \u1021\u102c\u1038\u1014\u100a\u1039\u1038\u1001\u103a\u1000\u1039\u1019\u103d\u102c \u1031\u1004\u103c\u1001\u103a\u1000\u1039\u1001\u103a\u1004\u1039\u1038\u1019\u1031\u1015\u105a\u1015\u1032 \u1031\u1005\u103a\u1038\u1031\u1000\u102c\u1004\u1039\u1038\u101e\u100a\u1039\u1021\u1011\u102d \u1031\u1004\u103c\u1000\u102d\u102f \u103b\u1019\u103d\u1015\u1039\u1000\u102c \u1031\u1005\u102c\u1004\u1039\u1037\u101b\u103b\u1001\u1004\u1039\u1038 \u103b\u1016\u1005\u1039\u1015\u102b\u101e\u100a\u1039\u104b<\/p>\n

* \u1021\u1001\u102f \u1012\u102e \u1017\u1005\u102d\u102f\u1000\u102f\u1014\u1039\u1005\u100a\u1039\u1012\u102d\u102f\u1004\u1039 (Commodity Exchange Center) \u101f\u102c\u101c\u100a\u1039\u1038 \u1012\u102d\u101c\u102d\u102f\u1005\u1014\u1005\u1039\u1014\u1032\u1095 \u1021\u1031\u103b\u1001\u1001\u1036 \u101e\u1031\u1018\u102c\u1010\u101b\u102c\u1038 \u1021\u1010\u1030\u1010\u1030 \u103b\u1016\u1005\u1039\u1015\u102b\u1010\u101a\u1039\u104b \u1000\u103c\u1032\u103b\u1015\u102c\u1038\u103b\u1001\u102c\u1038\u1014\u102c\u1038\u1010\u102c\u1000\u1031\u1010\u102c\u1037 \u101e\u102e\u1038\u108f\u103d\u1036\u1000 \u1002\u102d\u102f\u1031\u1012\u102b\u1004\u1039(\u1015\u103c\u1032\u101b\u1036\u102f) \u1000\u102d\u102f \u1021\u1015\u1039\u103b\u1015\u102e\u1038\u1001\u103a\u102d\u1014\u1039\u1019\u103d\u102c \u1031\u1010\u102c\u1004\u1039\u101e\u1030\u1019\u103a\u102c\u1038\u1021\u1010\u103c\u1000\u1039 \u1031\u1004\u103c\u1001\u103a\u1000\u1039\u1001\u103a\u1004\u1039\u1038 \u1031\u1015\u105a\u103b\u1001\u1004\u1039\u1038\u108f\u103d\u1004\u1039\u1037 \u1021\u1005\u102d\u102f\u1038\u101b\u1000 \u1012\u102e\u101c\u102f\u1015\u1039\u1011\u1036\u102f\u1038\u101c\u102f\u1015\u1039\u1014\u100a\u1039\u1038\u1031\u1010\u103c\u1000\u102d\u102f \u1010\u101b\u102c\u1038\u101d\u1004\u1039 \u1021\u101e\u102d\u1021\u1019\u103d\u1010\u1039\u103b\u1015\u1033\u103b\u1015\u102e\u1038 \u1025\u1015\u1031\u1012\u108f\u103d\u1004\u1039\u1037\u1000\u102c\u1000\u103c\u101a\u1039\u1031\u1015\u1038\u1011\u102c\u1038\u103b\u1001\u1004\u1039\u1038 \u103b\u1016\u1005\u1039\u1015\u102b\u101e\u100a\u1039\u104b<\/p>\n

\u1041\u104b \u1012\u102e\u1005\u1014\u1005\u1039\u1021\u101b \u103b\u1019\u1014\u1039\u1019\u102c\u108f\u102d\u102f\u1004\u1039\u1004\u1036 \u1021\u108f\u103d\u1036\u1021\u103b\u1015\u102c\u1038\u1019\u103d\u102c \u1005\u1036\u108f\u1088\u1014\u1039\u1038\u108f\u103d\u1004\u1039\u1037 \u100a\u102e\u100a\u103c\u1010\u1039\u1010\u1032\u1037 \u101e\u102e\u1038\u108f\u103d\u1036 \u101e\u102d\u102f\u1031\u101c\u103d\u102c\u1004\u1039\u108f\u102d\u102f\u1004\u1039\u1010\u1032\u1037 \u1002\u102d\u102f\u1031\u1012\u102b\u1004\u1039\u107e\u1000\u102e\u1038\u1031\u1010\u103c \u1010\u100a\u1039\u1031\u1006\u102c\u1000\u1039\u101b\u1019\u103d\u102c \u103b\u1016\u1005\u1039\u1015\u102b\u1010\u101a\u1039\u104b \u1012\u102e \u1002\u102d\u102f\u1031\u1012\u102b\u1004\u1039\u107e\u1000\u102e\u1038\u1031\u1010\u103c\u101b\u103d\u102d\u101b\u102c\u1000\u102d\u102f \u101e\u102e\u1038\u108f\u103d\u1036 \u1031\u1015\u105a\u1001\u103a\u102d\u1014\u1039\u1019\u103d\u102c \u1031\u1010\u102c\u1004\u1039\u101e\u1030\u1031\u1010\u103c\u1000 \u1019\u102d\u1019\u102d\u1010\u102d\u102f\u1095\u101b\u1032\u1037 \u101e\u102e\u1038\u108f\u103d\u1036\u1031\u1010\u103c\u1000\u102d\u102f \u101c\u102c\u1021\u1015\u1039\u107e\u1000\u1019\u103d\u102c \u103b\u1016\u1005\u1039\u1015\u102b\u1010\u101a\u1039\u104b \u1021\u1032\u1012\u102e\u101c\u102d\u102f \u101c\u102c\u1021\u1015\u1039\u107e\u1000\u1010\u1032\u1037\u1021\u1001\u103a\u102d\u1014\u1039\u1019\u103d\u102c \u1031\u1010\u102c\u1004\u1039\u101e\u1030\u1019\u103a\u102c\u1038\u1000 \u1019\u102d\u1019\u102d\u1010\u102d\u102f\u1095\u101b\u1032\u1037 \u101e\u102e\u1038\u108f\u103d\u1036\u1031\u1010\u103c\u1000\u102d\u102f \u1002\u102d\u102f\u1031\u1012\u102b\u1004\u1039\u107e\u1000\u102e\u1038\u1000 \u101d\u1014\u1039\u1011\u1019\u1039\u1038\u1031\u1010\u103c\u1000 \u101c\u1000\u1039\u1001\u1036\u1001\u103a\u102d\u1014\u1039\u1010\u103c\u101a\u1039\u104a \u1021\u1019\u103a\u102d\u1033\u1038\u1021\u1005\u102c\u1038 \u1001\u103c\u1032\u103b\u1015\u102e\u1038 \u101c\u1000\u1039\u1001\u1036\u103b\u1016\u1010\u1039\u1015\u102d\u102f\u1004\u1039\u1038\u1031\u101c\u1038\u1010\u1005\u1039\u1001\u102f \u103b\u1015\u1014\u1039\u1011\u102f\u1010\u1039\u1031\u1015\u1038\u1019\u103d\u102c \u103b\u1016\u1005\u1039\u1015\u102b\u1010\u101a\u1039\u104b \u1021\u1032\u1012\u102e\u101c\u102d\u102f \u101c\u1000\u1039\u1001\u1036\u103b\u1016\u1010\u1039\u1015\u102d\u102f\u1004\u1039\u1038\u1031\u101c\u1038\u1000\u102d\u102f \u1031\u1010\u102c\u1004\u1039\u101e\u1030\u1000\u102d\u102f\u101e\u102c\u1019\u1000 \u1012\u102e\u1005\u1014\u1005\u1039\u1019\u103d\u102c \u1015\u102b\u101d\u1004\u1039\u101c\u102f\u1015\u1039\u1000\u102d\u102f\u1004\u1039\u107e\u1000\u1019\u1032\u1037 \u1018\u100f\u1039\u1031\u1010\u103c\u1006\u102e\u1000\u101c\u100a\u1039\u1038 \u1010\u1005\u1039\u1001\u102f\u1005\u102e \u1031\u1015\u1038\u1015\u102d\u102f\u1095\u1019\u103d\u102c \u103b\u1016\u1005\u1039\u1015\u102b\u1010\u101a\u1039\u104b \u1011\u102d\u102f\u1095\u1021\u103b\u1015\u1004\u1039 \u1011\u102d\u102f\u103b\u1016\u1010\u1039\u1015\u102d\u102f\u1004\u1039\u1038\u1019\u102d\u1010\u1071\u1034\u1000\u102d\u102f \u101b\u1014\u1039\u1000\u102f\u1014\u1039\u1000\u102f\u1014\u1039\u1005\u100a\u1039\u1012\u102d\u102f\u1004\u1039 \u101b\u1036\u102f\u1038\u1001\u103a\u1033\u1015\u1039\u107e\u1000\u102e\u1038\u1006\u102e\u1000\u102d\u102f\u101c\u100a\u1039\u1038 \u1031\u1015\u1038\u1015\u102d\u102f\u1095\u1019\u103d\u102c \u103b\u1016\u1005\u1039\u1015\u102b\u101e\u100a\u1039\u104b<\/p>\n

\u1042\u104b \u1012\u102e\u1019\u103d\u102c \u1031\u1004\u103c\u101c\u102d\u102f\u1031\u1014\u1010\u1032\u1037 \u1031\u1010\u102c\u1004\u1039\u101e\u1030\u1031\u1010\u103c\u1000 \u1012\u102e\u103b\u1016\u1010\u1039\u1015\u102d\u102f\u1004\u1039\u1038\u1031\u101c\u1038\u1031\u1010\u103c\u1000\u102d\u102f \u1021\u1031\u1015\u102b\u1004\u1039\u1011\u102c\u1038\u103b\u1015\u102e\u1038 \u1018\u100f\u1039\u1031\u1010\u103c\u1006\u102e\u1000 \u1031\u1004\u103c\u1031\u1001\u103a\u1038\u101a\u1030\u108f\u102d\u102f\u1004\u1039\u1019\u103d\u102c \u103b\u1016\u1005\u1039\u1015\u102b\u1010\u101a\u1039\u104b \u1012\u102e\u103b\u1016\u1010\u1039\u1015\u102d\u102f\u1004\u1039\u1038\u1021\u1031\u1015\u102b\u1004\u1039\u1000\u102d\u102f \u101c\u1000\u1039\u1001\u1036\u103b\u1015\u102e\u1038 \u1018\u100f\u1039\u1031\u1010\u103c\u1000 \u1031\u1001\u103a\u1038\u1031\u1004\u103c \u1031\u1010\u102c\u1004\u1039\u101e\u1030\u1031\u1010\u103c\u1000\u102d\u102f \u1011\u102f\u1010\u1039\u1031\u1015\u1038\u1015\u102b\u1019\u101a\u1039\u104b \u101e\u102e\u1038\u108f\u103d\u1036\u1031\u1005\u103a\u1038 \u103b\u1019\u1004\u1039\u1037\u1010\u1000\u1039\u101c\u102c\u1010\u1032\u1037 \u1031\u1014\u102c\u1000\u1039\u1015\u102d\u102f\u1004\u1039\u1038\u101c\u1031\u1010\u103c \u1031\u101b\u102c\u1000\u1039\u101c\u102c\u101b\u1004\u1039 \u1031\u1010\u102c\u1004\u1039\u101e\u1030\u1031\u1010\u103c\u101f\u102c \u101e\u102e\u1038\u108f\u103d\u1036\u1000\u102d\u102f \u1011\u102f\u1010\u1039\u1031\u101b\u102c\u1004\u1039\u1038\u1019\u103d\u102c \u103b\u1016\u1005\u1039\u1015\u102b\u101e\u100a\u1039\u104b<\/p>\n

\u1043\u104b \u1021\u1032\u1012\u102e\u101c\u102d\u102f \u1031\u1010\u102c\u1004\u1039\u101e\u1030\u1000 \u1002\u102d\u102f\u1031\u1012\u102b\u1004\u1039\u1019\u103d\u102c \u1021\u1015\u1039\u108f\u103d\u1036\u1011\u102c\u1038\u1010\u1032\u1037 \u101e\u102e\u1038\u108f\u103d\u1036\u1000\u102d\u102f \u1011\u102f\u1010\u1039\u1031\u101b\u102c\u1004\u1039\u1038\u1019\u101a\u1039\u1006\u102d\u102f\u101b\u1004\u1039 \u1021\u1031\u1015\u102b\u1004\u1039\u101c\u1000\u1039\u1001\u1036\u1011\u102c\u1038\u1010\u1032\u1037 \u1018\u100f\u1039\u1000 \u1012\u102e\u103b\u1016\u1010\u1039\u1015\u102d\u102f\u1004\u1039\u1038\u1031\u101c\u1038\u1000\u102d\u102f \u1031\u1010\u102c\u1004\u1039\u101e\u1030\u1031\u101b\u102c\u1004\u1039\u1038\u1001\u103a\u1004\u1039\u1010\u1032\u1037\u1021\u1001\u103a\u102d\u1014\u1039\u1019\u103d\u102c \u1031\u1010\u102c\u1004\u1039\u101e\u1030\u1019\u103a\u102c\u1038\u1000\u102d\u102f\u101a\u1039\u1005\u102c\u1038 \u1011\u102f\u1010\u1039\u1031\u101b\u102c\u1004\u1039\u1038\u1031\u1015\u1038\u1019\u103d\u102c \u103b\u1016\u1005\u1039\u1015\u102b\u1010\u101a\u1039\u104b \u1021\u1032\u1012\u102e\u101c\u102d\u102f \u1011\u102f\u1010\u1039\u1031\u101b\u102c\u1004\u1039\u1038\u1031\u1015\u1038\u1010\u1032\u1037\u1021\u1001\u103a\u102d\u1014\u1039\u1019\u103d\u102c \u1021\u1031\u1000\u102c\u1004\u1039\u1038\u1006\u1036\u102f\u1038 \u1031\u1005\u103a\u1038\u101b\u1031\u1021\u102c\u1004\u1039 \u1018\u100f\u1039\u1000 \u101b\u1014\u1039\u1000\u102f\u1014\u1039\u1019\u103d\u102c \u101b\u103d\u102d\u1010\u1032\u1037 \u1017\u101f\u102d\u102f\u1000\u102f\u1014\u1039\u1005\u100a\u1039\u1012\u102d\u102f\u1004\u1039\u107e\u1000\u102e\u1038\u1019\u103d \u1010\u1006\u1004\u1039\u1037 \u1031\u101c\u101c\u1036\u1010\u1004\u1039 \u1031\u101b\u102c\u1004\u1039\u1038\u1001\u103a\u1019\u103d\u102c \u103b\u1016\u1005\u1039\u1015\u102b\u1010\u101a\u1039\u104b \u1021\u1032\u1012\u102e\u101c\u102d\u102f \u1031\u101b\u102c\u1004\u1039\u1038\u1031\u1015\u1038\u1010\u1032\u1037\u1021\u1010\u103c\u1000\u1039 \u1031\u1010\u102c\u1004\u1039\u101e\u1030\u101b\u1032\u1037 \u101e\u102e\u1038\u108f\u103d\u1036\u1000\u102d\u102f \u103b\u1019\u1014\u1039\u1019\u102c\u108f\u102d\u102f\u1004\u1039\u1004\u1036\u1010\u101d\u103d\u1019\u1039\u1038\u1019\u103d\u102c \u101b\u103d\u102d\u1010\u1032\u1037 \u101e\u102e\u1038\u108f\u103d\u1036\u1000\u102d\u102f \u101d\u101a\u1039\u101c\u102d\u102f\u101e\u1030\u1031\u1010\u103c \u101d\u102f\u102d\u1004\u1039\u1038\u103b\u1015\u102e\u1038 \u101d\u101a\u1039\u107e\u1000\u1019\u103d\u102c \u103b\u1016\u1005\u1039\u101e\u100a\u1039\u104b \u1012\u102b\u1031\u107e\u1000\u102c\u1004\u1039\u1037 \u1014\u102e\u1038\u1005\u1015\u1039\u101b\u102c \u1031\u1005\u103a\u1038\u108f\u103d\u102d\u1019\u1039\u1010\u1010\u1039\u1010\u1032\u1037 \u101e\u102e\u1038\u108f\u103d\u1036\u1015\u103c\u1032\u1005\u102c\u1038\u1000\u102d\u102f \u1031\u1021\u102c\u1000\u1039\u1031\u1005\u103a\u1038\u1014\u1032\u1095 \u1031\u101b\u102c\u1004\u1039\u1038\u1005\u101b\u102c\u1019\u101c\u102d\u102f\u1010\u1032\u1037\u1021\u1010\u103c\u1000\u1039 \u1031\u1005\u103a\u1038\u1031\u1000\u102c\u1004\u1039\u1038\u101b\u1019\u103d\u102c \u103b\u1016\u1005\u1039\u1015\u102b\u101e\u100a\u1039\u104b<\/p>\n

\u1044\u104b \u1031\u101b\u102c\u1004\u1039\u1038\u101c\u102d\u102f\u1095 \u101b\u101c\u102c\u1010\u1032\u1037 \u1031\u1004\u103c\u1011\u1032\u1000 \u1018\u100f\u1039\u1000 \u1011\u102f\u1010\u1039\u1031\u1001\u103a\u1038\u1011\u102c\u1038\u1010\u1032\u1037 \u1031\u1004\u103c\u1000\u102d\u102f \u103b\u1016\u1010\u1039\u101a\u1030\u103b\u1015\u102e\u1038 \u1015\u102d\u102f\u1031\u1004\u103c\u1000\u102d\u102f \u1031\u1010\u102c\u1004\u1039\u101e\u1030\u1011\u1036\u1000\u102d\u102f \u101c\u108a\u1032\u1031\u1015\u1038\u1019\u103d\u102c \u103b\u1016\u1005\u1039\u1015\u102b\u101e\u100a\u1039\u104b \u1012\u102e\u1005\u1014\u1005\u1039\u1000\u102d\u102f \u1002\u102d\u102f\u1031\u1012\u102b\u1004\u1039 \u1021\u1031\u103b\u1001\u1001\u1036\u103b\u1016\u1010\u1039\u1015\u102d\u102f\u1004\u1039\u1038\u1005\u1014\u1005\u1039 (Warehouse Recept System) \u101c\u102d\u102f\u1095 \u1031\u1001\u105a\u1015\u102b\u101e\u100a\u1039\u104b \u1012\u102e \u1002\u102d\u102f\u1031\u1012\u102b\u1004\u1039\u1021\u1031\u103b\u1001\u1001\u1036\u103b\u1016\u1010\u1039\u1015\u102d\u102f\u1004\u1039\u1038\u1005\u1014\u1005\u1039 \u101f\u102c \u1017\u101f\u102f\u102d\u1000\u102f\u1014\u1039\u1005\u100a\u1039\u1012\u102d\u102f\u1004\u1039\u1005\u1014\u1005\u1039\u107e\u1000\u102e\u1038 \u1010\u1005\u1039\u1001\u102f\u101c\u1036\u102f\u1038\u101b\u1032\u1037 \u1015\u1011\u1019\u1021\u1006\u1004\u1039\u1037\u101e\u102c \u101b\u103d\u102d\u1015\u102b\u1031\u101e\u1038\u101e\u100a\u1039\u104b \u103b\u1015\u102e\u1038\u1031\u1010\u102c\u1037 \u1012\u102e \u1005\u1014\u1005\u1039\u107e\u1000\u102e\u1038 \u1010\u1001\u102f\u101c\u1036\u102f\u1038\u1019\u103d\u102c \u1015\u102b\u101d\u1004\u1039\u1031\u1014\u1010\u1032\u1037 \u101c\u1030\u1031\u1010\u103c\u1000\u102d\u102f \u1012\u102f\u1000\u1061\u1019\u1031\u101b\u102c\u1000\u1039\u1031\u1021\u102c\u1004\u1039 \u101c\u102d\u1019\u1039\u101c\u100a\u1039\u1019\u1001\u1036\u101b\u1031\u1021\u102c\u1004\u1039 \u1021\u1005\u102d\u102f\u1038\u101b\u1000 \u1025\u1015\u1031\u1012\u1019\u103a\u102c\u1038 \u103b\u1015\u100c\u102c\u1014\u1039\u1038\u103b\u1015\u102e\u1038 \u101d\u102d\u102f\u1004\u1039\u1038\u101d\u1014\u1039\u1038 \u1015\u1036\u1037\u1015\u102d\u102f\u1038\u1031\u1015\u1038\u101b\u1019\u103d\u102c \u103b\u1016\u1005\u1039\u1015\u102b\u101e\u100a\u1039\u104b<\/p>\n

\u1021\u1015\u102d\u102f\u1004\u1039\u1038(\u1042) \u1006\u1000\u1039\u101c\u1000\u1039 \u1031\u1016\u105a\u103b\u1015\u1015\u102b\u1019\u100a\u1039\u104b<\/p>\n

\u1000\u102d\u102f\u1038\u1000\u102c\u1038\u1001\u103a\u1000\u1039<\/p>\n

\u1041\u104b \u1031\u1000\u103a\u102c\u1039\u1019\u103a\u102d\u1033\u1038\u1011\u103c\u1014\u1039\u1038 \u1031\u101b\u1038\u1031\u101e\u102c \u1031\u1001\u1010\u1039\u1031\u1015\u105a\u1031\u1004\u103c\u1031\u107e\u1000\u1038\u1005\u102e\u1019\u1036\u1001\u1014\u1039\u1095\u1001\u103c\u1032\u1019\u1088\u104f \u1021\u1031\u103b\u1001\u1001\u1036\u101e\u1031\u1018\u102c\u1010\u101b\u102c\u1038\u1019\u103a\u102c\u1038\u1000\u102d\u102f \u1014\u102c\u1038\u101c\u100a\u1039\u103b\u1001\u1004\u1039\u1038 (\u1010\u1010\u102d\u101a\u1021\u107e\u1000\u102d\u1019\u1039 \u1042\u1040\u1041\u1046) \u1005\u102c\u1021\u102f\u1015\u1039\u1019\u103d \u1005\u102c\u1021\u102f\u1015\u1039\u1012\u102f\u1010\u102d\u101a\u1015\u102d\u102f\u1004\u1039\u1038 \u1021\u1001\u1014\u1039\u1038(\u1041) \u103b\u1016\u1005\u1039\u1015\u102b\u101e\u100a\u1039\u104b<\/p>\n

\u1042\u104b Land Reform papers from Singapore & South Korea and analysis (in Myanmar) is available at website.
\nhttp:\/\/www.slideshare.net\/myanmarjobstudent\/landtransform2016<\/a><\/p><\/blockquote>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

\u1031\u1000\u103a\u102c\u1039\u1019\u103a\u1034\u102d\u1038\u1011\u103c\u1014\u1039\u1038 – \u103b\u1019\u1014\u1039\u1019\u102c\u1031\u1010\u102c\u1004\u1039\u101e\u1030\u1019\u103a\u102c\u1038\u1021\u1031\u107e\u1000\u103c\u1038 \u1021\u101b\u1014\u1039\u1005\u1015\u102b\u1038\u103b\u1015\u101e\u1014\u102c\u108f\u103d\u1004\u1039\u1037 \u1017\u101f\u102d\u102f\u1000\u102f\u1014\u1039\u1005\u100a\u1039\u1016\u101c\u103d\u101a\u1039\u1012\u102d\u102f\u1004\u1039\u107e\u1000\u102e\u1038 (\u1021\u1015\u102d\u102f\u1004\u1039\u1038-\u1041) (Commodities Exchange Center) (\u1019\u102d\u102f\u102f\u1038\u1019\u1001)\u00a0\u1031\u1021\u102c\u1000\u1039\u1010\u102d\u102f\u102f\u1018\u102c \u1041\u1046\u104a \u1042\u1040\u1041\u1046 \u1021\u1011\u1000\u1039\u1015\u102b\u103b\u1015\u101e\u1014\u102c\u1019\u103a\u102c\u1038 \u1021\u102c\u1038\u101c\u1036\u102f\u1038\u101e\u100a\u1039 \u1031\u103b\u1016\u101b\u103d\u1004\u1039\u1038\u1001\u103a\u1000\u1039 \u1010\u1005\u1039\u1001\u102f\u1010\u100a\u1039\u1038\u1031\u1015\u105a\u1010\u103c\u1004\u1039 \u101b\u103d\u102d\u1031\u1014\u1015\u102b\u101e\u100a\u1039\u104b \u101c\u103c\u1014\u1039\u1005\u103c\u102c\u1019\u103d \u1021\u1036\u1037\u107e\u101e\u1019\u102d\u101e\u100a\u1039\u1019\u103d\u102c \u1005\u102d\u102f\u1000\u1039\u1015\u103a\u102d\u1033\u1038\u1031\u101b\u1038 \u1031\u1010\u102c\u1004\u1039\u101e\u1030\u101c\u101a\u1039\u101e\u1019\u102c\u1038 \u1046\u1040% \u1000\u102d\u102f \u1021\u1031\u103b\u1001\u1001\u1036\u103b\u1015\u102e\u1038 \u1005\u102e\u1038\u1015\u103c\u102c\u1038\u1031\u101b\u1038 \u1010\u100a\u1039\u1031\u1006\u102c\u1000\u1039\u1031\u1014\u1031\u101e\u102c \u103b\u1019\u1014\u1039\u1019\u102c\u108f\u102d\u102f\u1004\u1039\u1004\u1036\u101c\u102d\u102f \u108f\u102d\u102f\u1004\u1039\u1004\u1036\u1019\u103a\u102d\u1033\u1038\u1010\u103c\u1004\u1039 \u1011\u102d\u1031\u101b\u102c\u1000\u1039\u1031\u101e\u102c \u1031\u103b\u1016\u101b\u103d\u1004\u1039\u1038\u1001\u103a\u1000\u1039\u1000\u102d\u102f… <\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[856],"tags":[2306],"class_list":["post-54273","post","type-post","status-publish","format-standard","hentry","category-856","tag-2306"],"_links":{"self":[{"href":"https:\/\/moemaka.net\/wpmmk\/wp-json\/wp\/v2\/posts\/54273"}],"collection":[{"href":"https:\/\/moemaka.net\/wpmmk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/moemaka.net\/wpmmk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/moemaka.net\/wpmmk\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/moemaka.net\/wpmmk\/wp-json\/wp\/v2\/comments?post=54273"}],"version-history":[{"count":0,"href":"https:\/\/moemaka.net\/wpmmk\/wp-json\/wp\/v2\/posts\/54273\/revisions"}],"wp:attachment":[{"href":"https:\/\/moemaka.net\/wpmmk\/wp-json\/wp\/v2\/media?parent=54273"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/moemaka.net\/wpmmk\/wp-json\/wp\/v2\/categories?post=54273"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/moemaka.net\/wpmmk\/wp-json\/wp\/v2\/tags?post=54273"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}