
Marketing Chapter 4
Quiz
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Other
•
10th - 12th Grade
•
Hard
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27 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
There are five main types of trade barriers.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The difference in value between exports and imports of a nation is called international trade.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Protectionism is the opposite of free trade.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
NAFTA is an international trade agreement among the U.S., Canada, and Mexico.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Inflation refers to a period of economic slowdown.
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
If a U.S. company imports wine from Italy, it can pay the Italian exporter in U.S. dollars.
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
When a country imports more than it exports, it has a trade surplus.
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