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PHS PBMF2019 - Chapter 3 Review

Authored by Dusty Baumann

Business

9th - 12th Grade

Used 9+ times

PHS PBMF2019 - Chapter 3 Review
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32 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The United States imports a large share of the natural resources used by its industries

True

False

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

One goal of the World Trade Organization (WTO) is to eliminate import quotas

True

False

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Domestic business refers to business activities needed for creating, shipping, selling goods across national borders

True

False

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Without foreign trade, many things you buy would cost more or not be available

True

False

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The value of currency in one country compared with the value in another country is called the interest rate

True

False

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A country's culture, traditions, and religion can sometimes act as informal trade barriers

True

False

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Multinational companies sometimes control a country's political power

True

False

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