A Global Commodity Chain Is the Network of Linkages Describing

question 86

Multiple Choice

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.

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Definitions:

Corporations

Legal entities that are separate from their owners, capable of owning property, entering contracts, and being taxed.

Subject

A broad term typically referring to the main topic or person being discussed or studied.

Schedule M-1

A form used by corporations in the U.S. to reconcile income reported for tax purposes with income reported for financial reporting purposes.

Taxable Income

The amount of an individual's or corporation's income used to determine how much tax is owed to the government in a given tax year.