Which Is an Example of the Triangular Trade in Operation

question 46

Multiple Choice

Which is an example of the Triangular Trade in operation?

• A) Fish and grains from New England were traded to the frontier for fur pelts.
• B) Wine, spices, and gold were traded to England directly from New England.
• C) Slaves and gold were traded from England to the West Indies.
• D) Sugar and molasses were sent to New England from the West Indies and then distilled by New England colonists to make rum that was traded to Africa for gold and slaves.
• E) Manufactured ships from New England were purchased by England, France, and the Netherlands.

---

Definitions:

Materials Price Variances

The difference between the actual cost of materials used in production and the standard or expected cost, indicating if materials were more or less expensive than planned.

Quantity Variances

Quantity variances refer to the difference between the actual quantity of materials or labor used and the expected quantity needed for production.

Standard

In the context of business and accounting, standard refers to the established norms or criteria against which performance or practices are measured.

Producing

The act of creating, manufacturing, or generating products or services.