What is a global commodity chain?
A) It is a form of global trade designed to minimize tariffs for importers of products.
B) It is a global system of stores or franchises, such as McDonald's restaurants.
C) It is a form of marketing with the goal of taking a product to as many countries as possible.
D) It is a worldwide network of labour and production resulting in a finished product.

Question

Quizplus · Accepted Answer

A global commodity chain refers to the worldwide network of labor and production that goes into the creation of a finished product. It involves multiple stages of production, transportation, and distribution across different countries and regions.

What Is a Global Commodity Chain