Economic and Environmental Issues of Southern and Eastern Asia (Unit 6)

Natural resources are used to produce what two things?

• human capital and labor forces
• goods and services
• services and specialties
• GDP and literacy rate

Which of these would NOT be a good way to improve your human capital?

• train your work force
• provide health care for your workers
• opportunities for advanced education
• plant new crops

Investing in the human capital will most likely result in an increase in a country's

• unemployment rate
• fossil fuels
• GDP
• labor force

When countries concentrate on producing fewer goods and services than they consume this is called

• itemization
• specialization
• downsizing
• investment

Trading goods and services with people for other goods and services is called 

• investment
• blockade
• recruiting
• exchange

Goods bring brought IN to a country are called

• exports
• imports

Goods being taken out of a country are called 

• imports
• exports

A tax on imported goods is called a 

• quota
• tariff
• blockade
• subsidy

A set limit on the number of goods that can be imported into a country is called a

• blockade
• standard
• tariff
• quota

A complete stop or block on trade is called a(n)

• embargo
• tariff
• quota
• subsidy