Import and Export

Import and Export

5th Grade

15 Qs

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Import and Export

Import and Export

Assessment

Quiz

Social Studies

5th Grade

Practice Problem

Hard

Created by

Pranav K Praveen

Used 83+ times

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15 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is Import ?

a product of a country which is sold in another country

trade between countries

a raw material or a finished that is brought into a country from abroad

a country focuses on producing and selling a certain good or product

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is Export ?

An export of the sending country is an import to the receiving country

It is a product of a country which is sold in another country

3.

MULTIPLE SELECT QUESTION

30 sec • 1 pt

Why do Countries Import ?

Some countries do not have raw materials to make certain goods, they import these raw materials.

Many business owners may import tools, machinery, or technology that may not be available in their country

They may even import materials or parts of their product that they cannot get a low rate or which may not be available in their country

All of the above

4.

MULTIPLE SELECT QUESTION

30 sec • 1 pt

When and Why do Countries Export ?

Produced at a low cost in the country but can fetch a higher price abroad

Made in large quantities and are more than enough for the people of the country

Produced only in the country and no other country

Are of very good quality compared to those produced in other countries

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is International Trade ?

The exchange of imports and exports

The country that sells a good or product

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is consumer goods ?

The goods that are not used by people

They are not available in sufficient quantity in the country

The goods used by people. Eg. tea, coffee, shoes, electronic goods we have in our homes etc.

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the examples are of consumer goods ?

Bananas, meat, rice, sugar

Tea, coffee, shoes, electronic goods

Wheat, mangoes, spices, handicrafts, readymade clothes

Cheese, cars, chocolate, shoes

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