2020 Europe Economics

Front

An economic system in which the government makes all the decisions

Back

command

Front

An economic system in which the government does not get involved and makes no economic decisions

Back

market

Front

An economic system in which traditions and customs determine what, how and for whom goods are produced

Back

traditional

Front

What type of economy is characterized by individuals making economic decisions, supply and demand determining prices, and is also known as capitalism?

Back

market

Front

Which country is represented by letter A?

Back

Russia

Front

Which country is represented by letter B? Options: United Kingdom, Germany, Russia

Back

Germany

Front

Which country is represented by letter C?

Back

United Kingdom

Front

How do the UK and Germany compare?

Back

The UK is more mixed-market than Germany

Front

Which country is the least mixed-market? Options: United Kingdom, Germany, Russia

Back

Russia

Front

Which trade barrier is described by the EU's arms sanction on Sudan in 1994, which prohibited the sale of weapons to the country and was amended in 2011 to apply to both Sudan and South Sudan?

Back

embargo