Which term refers to a good that a country focuses on producing for export?

Which term refers to a good that a country focuses on producing for export?

• A. Export commodity
• B. Global supply chain
• C. Terrace farming
• D. Irrigation

Answer: (A)

The idea being tested is the term for a good produced primarily for sale abroad. An export commodity is a product that a country specializes in producing to export to other nations, helping earn foreign currency and engage in international trade. This reflects how countries maximize their strengths by focusing on goods with strong demand overseas and relatively lower opportunity costs, shaping their role in the global market. For example, a country might export coffee, oil, or electronics as key export commodities. The other terms don’t describe goods produced for export: a global supply chain is about networks and processes, terrace farming is a farming method on slopes, and irrigation is a system to supply water to crops.

The idea being tested is the term for a good produced primarily for sale abroad. An export commodity is a product that a country specializes in producing to export to other nations, helping earn foreign currency and engage in international trade. This reflects how countries maximize their strengths by focusing on goods with strong demand overseas and relatively lower opportunity costs, shaping their role in the global market. For example, a country might export coffee, oil, or electronics as key export commodities. The other terms don’t describe goods produced for export: a global supply chain is about networks and processes, terrace farming is a farming method on slopes, and irrigation is a system to supply water to crops.