International Trade
Authored by K Page
Social Studies
11th Grade
Used 5+ times
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14 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
To focus on producing one thing to improve productivity is known as:
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
When determining comparative advantage one must determine
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
If I am better at all types of production, I have the ______ in all forms of production.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
This trade barrier limits the number of products that can be brought into a country.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
This is a tax on imports that is used to increase price of foreign products and raise government revenue.
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
This is the most restrictive of the trade restrictions a nation can use to close off all importation of a product.
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
If nations limit trading of clothing who will benefit?
Domestic Consumers of clothing
Domestic producers of clothing
Foreign Producers of clothing
department stores who sell clothing
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