APHG Unit 7 Lesson 5 (skill 7.6)

Multiple Choice

How does global trade affect culture?

• Global trade only affects the economy, not culture
• Global trade has no impact on culture
• Global trade leads to the preservation of traditional cultures
• Global trade can lead to the spread of different cultural practices, ideas, and products across borders.

Multiple Choice

Which of the following is an example of trade complimentary?

• When both countries export the same type of products to each other
• When one country exports agricultural products and imports machinery from another country
• When one country exports machinery and imports agricultural products from another country.

Multiple Choice

Which of the following describes a comparative advantage?

• A country can produce a good or service at a lower opportunity cost than another country.
• A country can produce a good or service at the same opportunity cost as another country.
• A country can produce a good or service without considering opportunity cost.
• A country can produce a good or service at a higher opportunity cost than another country.

Multiple Choice

Which option describes a trade deficit?

• A country sells more than it buys

• A country buys more than it sells

Multiple Choice

Why would a country use a tariff?

• To protect domestic industries, raise revenue, or retaliate against another country's trade policies
• To encourage foreign investment
• To reduce unemployment
• To promote international cooperation

Categorize

Options (4)

Government control

Public control

America

China

Organize these options into the right categories

Command economy

Market Economy

Multiple Choice

What would be the impact of removing tariffs?

• No impact on international trade and prices for consumers
• Increased international trade and lower prices for consumers
• Decreased international trade and higher prices for consumers
• Increased government revenue and higher prices for consumers

Multiple Choice

Which Neo-liberal supranational organization exist in Europe?

• NAFTA

• NATO

• EU

• Shanghai Cooperation Organizaiton

Categorize

Options (6)

Gathers resource

Makes products

Invests money in other countries

Primary

Secondary

Tertiary

MEMORY CHECK: Match each country type with its role in the global economy

Periphery

Semi-periphery

Core

Multiple Choice

Why are American jobs being outsourced to workers in India and China?

• Higher labor costs and lack of skilled workers
• Government regulations and restrictions
• Lack of demand for American workers
• Lower labor costs and access to a larger pool of skilled workers