Interim Review - Africa Econ

Interim Review - Africa Econ

7th Grade

48 Qs

quiz-placeholder

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Interim Review - Africa Econ

Interim Review - Africa Econ

Assessment

Quiz

Geography

7th Grade

Hard

Created by

Eric Sas

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48 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A limit on the amount of a good that is imported

poverty

quota

tariff

economy

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When one country refuses to trade with another country.

export

quota

embargo

market

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Saudi Arabia's economy relies heavily on

the tourist industry

the petroleum industry

the fine metals industry

the natural gas industry

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why must Saudi Arabia diversify its economy?

The global price of oil is increasing

The global price of oil is decreasing

The supply of oil is increasing in the world

the supply of oil is being replaced at a slow rate

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the primary function of OPEC?

To determine who gets oil and who does not.

To regulate the price of oil on the global market.

To decide how much oil should be traded between nations.

They have no function; they are just a group of countries.

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following BEST describes a quota?

a ban placed on all trade with a particular country

a limit on the amount of goods that can be imported from a country

a tax on export goods paid to the exporting government

a tax placed on goods imported from a country

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following BEST describes an embargo?

a ban placed on all trade with a particular country

a limit on the amount of goods that can be imported from a country

a tax on export goods paid to the exporting government

a tax placed on goods imported from a country

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