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6. Which of the following best characterizes generic, largely unprocessed, goods that can be processed and resold. They are often traded in the financial markets

6. Which of the following best characterizes generic, largely unprocessed, goods that can be processed and resold. They are often traded in the financial markets for immediate or future delivery. They are generally traded in very large quantities. Examples are grains, metals, and minerals.

Commodities

Stocks

Bonds

Books

Television airtime

10. Which of the following is a natural obstacle to trade?

Protective tariff

Import quota

The cost of transporting goods

All of the listed choices are natural obstacles to trade.

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