You are traveling to Ghana with a few cattle to trade. In the “Original Rank” column in the chart, rank the trade items by placing a “1” next to the item you would most want to trade for. Rank the other items based on how much you would want to trade for them until you place a “5” next to the item you would least want to trade for.
1. Tow ounces of gold - because gold is a very liquid asset that can easily substitute money. With the gold, I could obtain anything I wanted, as long as the gold is enough.
2. Two sacks of grain - food is the most important good, and the first that has to be supplied for.
3. One pound of salt - salt is also a valuable good that can be used to preserve food, or even to trade for other goods, as a commodity substitute for money (just like gold but less commonly so).
4. A bundle of wool - this can be used to make garments that are also very important for daily life.
5. Several hides of leather - because I would be trading cattle, l am likely a cattle raiser, and leather should be readily available for me.
