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

Front

How does imposing a tariff on imported goods encourage citizens to buy domestic products?

Back

tariff increases price of imported goods

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

Front

What is the term for a tax charged on items imported to a country? Options: embargo, quota, mountain, tariff

Back

tariff

Front

Higher _________ = Higher standard of living= Higher GDP

Back

literacy rate

Front

Trade barrier that limits the amount imported

Back

quota

Front

the percentage of people that can read and write

Back

literacy rate

Front

What is the common currency most EU member countries use?

Back

euro

Front

Which best describes GDP per capita? Options: amount of goods and services produced in one year, the amount of people who can read and write, how well people live, amount of goods and services divided by total population

Back

amount of goods and services divided by total population

Front

Trade barrier that bans trade

Back

embargo

Front

Amount of all goods and services produced in one year

Back

GDP