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What is Trade?

Authored by Jim Ly

Social Studies

8th Grade

Used 61+ times

What is Trade?
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8 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Trade is the exchange of goods and ....

services

businesses

embargoes

restrictions

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of these is an example of service?

smartphone

Nike shoes

bushel of apples

fixing your computer

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of these is an example of a good?

babysitting

mowing the lawn

trendy jeans

designing a building

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

True or false? Trade only happens between countries.

True

False

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A good brought in from another country is called...

tariff

export

import

embargo

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of these is an example of a trade restriction?

tariffs

services

imports

economies

7.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Why might a country want to restrict trade from other countries?

to shrink its economy

to increase spending on imports

to encourage free trade

to make domestic products more attractive

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