INTERNATIONAL ECONOMICS

INTERNATIONAL ECONOMICS

11th Grade

30 Qs

quiz-placeholder

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INTERNATIONAL ECONOMICS

INTERNATIONAL ECONOMICS

Assessment

Quiz

Other

11th Grade

Medium

Created by

Phillip Miller

Used 22+ times

FREE Resource

30 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The ability of one person or nation to produce more of a good than another person or nation
Comparative Advantage
Absolute advantage
exports
protectionism 

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A regional trade organization made up of European nations
NAFTA
EU
ASEAN
CARICOM

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Agreement that will eliminate all tariffs and other trade barriers between Canada, Mexico, and the US
NAFTA
EU
ASEAN
CARICOM

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Limit of the amount of a good that can be imported
Subsidy
Quota
Exports
Appreciation 

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A good that is sent to another country for sale
export
import
quota
subsidy 

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When a nation imports more than it exports, economists say it has which of the following?
A trade surplus
A balance of trade
A trade deficit
A national difference

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

 The US bans beef imports from Canada after a Mad Cow Disease outbreak there. This is an example of which type of barrier to trade?
Standards
Quota
Subsidy
Tariff

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