Trade Vocabulary
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9th - 12th Grade
Used 5+ times
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22 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a tax on imports?
Protectionism
Subsidy
Import Quota
Tariff
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a method of preventing a foreign good/service from freely entering a nation?
Protectionism
Trade barrier
Free Trade
Alliance
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a government payment that supports a business?
Tariff
Embargo
Subsidy
Import Quota
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a limit on the amount of a good that can be imported?
Subsidy
Tariff
Embargo
Import Quota
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the removal of barriers that could hinder the trade process?
Protectionism
Trade Barrier
Free Trade
Import Quota
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a government payment that supports a business?
Embargo
Import Quota
Subsidy
Tariff
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is one reason some nations support protectionism?
To protect jobs
To increase foreign competition
To decrease tariffs
To decrease quotas
To
To
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