Trade, Literacy Rate, Standard of Living, GDP, currency

Flashcard
•
Social Studies
•
6th Grade
•
Hard
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13 questions
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1.
FLASHCARD QUESTION
Front
How does imposing a tariff on imported goods encourage citizens to buy domestic products?
Back
tariff increases price of imported goods
2.
FLASHCARD QUESTION
Front
The country of Cragin doesn't believe in assigning homework every night, so the country of Cragin refuses to trade with the country of Tharpe.
Back
embargo
3.
FLASHCARD QUESTION
Front
What is the term for a tax charged on items imported to a country? Options: embargo, quota, mountain, tariff
Back
tariff
4.
FLASHCARD QUESTION
Front
Higher _________ = Higher standard of living= Higher GDP
Back
literacy rate
5.
FLASHCARD QUESTION
Front
Trade barrier that limits the amount imported
Back
quota
6.
FLASHCARD QUESTION
Front
the percentage of people that can read and write
Back
literacy rate
7.
FLASHCARD QUESTION
Front
What is the common currency most EU member countries use?
Back
euro
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