9
QuizMultiple Choice

Agencies and Commissions

Question 9 • 26/27 GOVERNMENT

The Commodities Futures Trade Commission is in charge of regulating the trade of commodities. What are commodities?

Answer
A
live animals and exotic wildlife
B
any stone used for making jewelry
C
barrels of oil used to make gasoline
D
a raw material or agricultural product that can be bought and sold

Explanation

A commodity is a basic raw material or agricultural product that can be bought and sold, often in large quantities. Examples include oil, wheat, and metals. Barrels of oil are one example, but choice D gives the broader definition.

AI-written and checked against the verified answer.

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