HPMS Global Interdependence
Quiz
•
History
•
6th - 8th Grade
•
Practice Problem
•
Medium
Cindy Reedy
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10 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Worldwide markets where buying/selling of goods and services takes place by all nations is known as....
Economics
Corporation
Global Economy
Free Market
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Virginia and the United States are active in this international trade to increase _________.
Supply
Demand
Better prices for products
Opportunities for wealth
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is a negative aspect of global trade?
Consumers can buy goods at a lower price
It can lead to some specific and profitable jobs going overseas
We can sell our goods in other countries
Consumers can buy goods they wouldn't otherwise be able to access
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is a reason countries participate in global trade?
to create jobs in other countries
to do a corporate takeover
to obtain goods they cannot produce themselves
to invade other countries
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is a way global trade benefits producers?
It creates new markets for their goods and services
Lower prices of goods and services
They can get resources at a higher opportunity cost
It creates new jobs in other countries
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What innovation in technology contributes to the global flow of information, capital, goods, and services?
Blogs
U.S. Postal Service
Internet
Mass Media
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The use of technology in the global economy can cause which of the following to happen?
The price of goods to increase
The cost of production to increase
The cost of production to decrease
The trade deficit to increase
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