Barriers to trade

Barriers to trade

6th Grade

26 Qs

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Barriers to trade

Barriers to trade

Assessment

Quiz

History

6th Grade

Practice Problem

Medium

Created by

H. Stonecypher

Used 45+ times

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26 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

What is the most common economic system in the world today?

market economy

mixed economy

command economy

traditional economy

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

What is a tariff?

a refusal to buy goods from another country

a limit on the number of imports

a tax on imports

a refusal to sell to another country

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

What is a quota?

a limit on the number of imports

a tax on imports

a refusal to buy goods from another country

a refusal to sell to another country

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

What is an embargo?

a refusal to buy goods from another country

a tax on imports

a limit on imports

a refusal to sell to another country

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

What is the purpose of a trade barrier?

to raise prices in another country

to make money from another country

to restrict trade with another country and boost domestic production

to make another country do something illegal

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which is an example of a quota?

The U.S. stops trade with China.

The U.S. limits the amount of foreign cars brought into our country.

The U.S. pays a high tax on BMW cars brought into the country.

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which is an example of a trade barrier?

Japan is allowed to send as many electronic products to the U.S. as they want.

The U.S. freely trades with other countries with no restrictions.

A high tax is placed on all diamonds received from Africa.

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