Benchmark Review2020

What countries are a part of NAFTA?

• Brazil, Mexico, USA

• USA, Mexico, Canada

• Mexico, USA, Cuba

Creating new jobs, owning a business, taking risks, are characteristics of

• an entrepreneur

• capital goods

• voluntary exchange

Why would a country place an embargo against another country?

• they want more imports

• political differences

• they have a different religion

What is the relationship between human capital and GDP?

• investment in human capital, lowers the GDP

• there is no relationship between human capital and GDP

• investment in human capital, raises the GDP

An economic system based on customs, beliefs, and traditions

• mixed economy

• market economy

• traditional economy

Which type of government is one in which citizens have power?

• Capitalism

• Socialism

• Democratic

The purpose of NAFTA is to

• put a quota on the amount of imported goods from USA, Canada, & Mexico

• restrict trade between USA, Canada, & Mexico

• remove trade barriers and increase trade between USA, Canada, & Mexico

Located on the east coast, what is the largest country in Latin America?

• Colombia

• Chile

• Brazil

The Amazon River is located in which Latin American country?

• Brazil

• Cuba

• Mexico

What is Mexico's biggest environmental issue?

• Air pollution

• Deforestation

• Fire