What is a characteristic of global commodity chains theory?
A) It focuses on relationships among countries rather than global businesses.
B) It examines how different countries and regions are affected by global commodity chains.
C) Business decisions are considered unimportant.
D) It emphasizes the importance of workers and governments.

Question

Quizplus · Accepted Answer

Global commodity chains theory examines how different countries and regions are affected by global commodity chains. It focuses on tracing the movement of goods, services, and information across different stages of production, from extraction to consumption, and how it impacts different actors along the chain, including workers, firms, and governments. While relationships among countries are important, the theory also emphasizes the role of global businesses and their decisions. Additionally, the importance of workers and governments is recognized in the analysis of power dynamics and the distribution of benefits and costs along the chain.

What Is a Characteristic of Global Commodity Chains Theory