Globalization

Globalization

7th Grade

14 Qs

quiz-placeholder

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Globalization

Globalization

Assessment

Quiz

History

7th Grade

Practice Problem

Easy

Created by

Kate Breeden

Used 9K+ times

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14 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a tariff?

A tax or charge to be paid on a particular good or service being brought in or sold out of a country.

The costs or sacrifices that are given for making certain business or political decisions.

To bring (goods or services) into a country from another country for sale.

To send (goods or services) to another country for sale.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An economic benefit is

To send (goods or services) to another country for sale.

The costs or sacrifices that are given for making certain business or political decisions.

A benefit gained from making certain business or political decisions usually described in the increase of money.

To bring (goods or services) into a country from another country for sale.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An economic cost is

A benefit gained from making certain business or political decisions usually described in the increase of money.

A tax or charge to be paid on a particular good or service being brought in or sold out of a country.

The costs or sacrifices that are given for making certain business or political decisions.

To bring (goods or services) into a country from another country for sale.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is an import?

To send (goods or services) to another country for sale.

A sum of money granted by the government to assist an industry or business so that the price of a good or service may remain low or competitive.

A benefit gained from making certain business or political decisions usually described in the increase of money.

To bring (goods or services) into a country from another country for sale.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is an export?

To bring (goods or services) into a country from another country for sale.

To send (goods or services) to another country for sale.

The costs or sacrifices that are given for making certain business or political decisions.

A sum of money granted by the government to assist an industry or business so that the price of a good or service may remain low or competitive.

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is globalization?

The way countries and people of the world interact and integrate economically, politically and socially and can have both benefits and costs for a nation.

To send (goods or services) to another country for sale.

A sum of money granted by the government to assist an industry or business so that the price of a good or service may remain low or competitive.

The costs or sacrifices that are given for making certain business or political decisions.

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Businesses having to close due to the COVID-19 pandemic is an example of

tariff

import

export

globalization

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