Question #8
Reading: Reading 32 Introduction to Commodities and Commodity Derivatives
PDF File: Reading 32 Introduction to Commodities and Commodity Derivatives.pdf
Page: 3
Status: Incorrect
Correct Answer: A
Your Answer: B
Question
Which of the following commodities has historically been least likely to be traded globally?
Answer Choices:
A. Livestock
B. Corn
C. Natural gas
Explanation
Historically, the US livestock industry has not been oriented towards export due to high
spoilage risk. More recently, improvements in freezing technology have meant that
livestock products (i.e. frozen meat) are now being traded globally.