A global commodity chain is the network of linkages describing
A) international loans - from initial application to final project.
B) products - from its production origins to final consumption.
C) manufacturing plants - from shutting down in the core to opening in the periphery.
D) transnational companies - the links between headquarters and their retail outlets.
E) cultural trends - from its origins in the periphery to diffusion to the core.

Question

Quizplus · Accepted Answer

A global commodity chain refers to the network of linkages between the different stages of production, distribution, and consumption of a particular commodity or product. This includes its production origins, intermediate processing or manufacturing, transportation, marketing, and final consumption. Therefore, the correct choice is B as it describes the linkages between the products, which includes the different stages of production and consumption around the world. The other choices do not fully capture the concept of a global commodity chain.

A Global Commodity Chain Is the Network of Linkages Describing