International Trade & Globalization

International Trade & Globalization

11th - 12th Grade

20 Qs

quiz-placeholder

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International Trade & Globalization

International Trade & Globalization

Assessment

Quiz

11th - 12th Grade

Practice Problem

Medium

Created by

JONATHAN FROST

Used 597+ times

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20 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

The Trump administration renegotiated NAFTA with Mexico and Canada. President Trump's renegotiated free trade agreement is called

YMCA

USMCA

NAFTA 2.0

NASCAR

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The exchange of goods and services by sale or barter driven by the need for resources.

Fair Trade

Globalization

Trade

Standard of Living

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

Sending goods to another country to sell.

import

export

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

Bringing goods in from another country to sell.

import

export

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A policy in which a nation does not try to limit imports or exports by enacting tariffs (taxes on imports) or subsidies (money to assist an industry so prices can remain low).

Free Trade

Trade War

Goods and Services

Supply and Demand

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

A large company such as McDonalds that has operations in more than one country.

Domestic Corporation

Multinational Corporation

Foreign Corporation

State Corporation

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

The development of a worldwide economy where resources flow fairly freely across borders.

Globalization

Economy

GDP

Economic Independence

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