

Supply and Demand
Interactive Video
•
Business
•
12th Grade
•
Practice Problem
•
Medium
Crystal Lewis
Used 3+ times
FREE Resource
81 questions
Show all answers
1.
SLIDE QUESTION
30 sec • Ungraded
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Products brought into a country
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Trading between countries
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a potential long-term effect of Trade Protection policies?
Decreased efficiency and innovation in protected industries
Increased global competitiveness of protected industries
Reduced prices for domestic consumers
Enhanced environmental protection
5.
SLIDE QUESTION
30 sec • Ungraded
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Products sold to other countries
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What happens when the world price is lower than the domestic price?
Consumers buy cheaper imported goods
Domestic producers increase prices
The nation becomes an exporter
National demand decreases
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