Buyer-Driven Commodity Chains Is the Term Used to Describe Industries

question 130

True/False

Buyer-driven commodity chains is the term used to describe industries in which transnational corporations play a central part in controlling the production process.Industries that produce automobiles,computers,and other capital- and technology-intensive products are examples.

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Definitions:

Imported Goods

are items brought into a country from abroad for sale or use, typically involving a transaction between an importer and a foreign producer.

Chinese Yuan

The official currency of the People's Republic of China, used as a medium of exchange and a store of value.

Appreciated

Refers to an increase in value or price of an asset or currency over time.

U.S. Dollar

The official currency of the United States of America and the world's primary reserve currency.