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Economics of SW Asia Review

Authored by Shango Rivers

Social Studies

7th Grade

Used 9+ times

Economics of SW Asia Review
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10 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Farhad is from Iran and wants to buy something from Afghanistan. In order to buy the good, he must determine what the good will cost him in Afghanistan’s currency rather than Iran’s. This describes..

Subside

Exchange Rate

Trade Barrier

Specialization

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which is an example of a service industry job in Turkey?

Executive, Legislative

King, Dictator

Teacher, Police officer, Healthcare

President, Prime Minister

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What Southwest Asian country's economy is based on agriculture?

Israel

Iran

Saudi Arabia

Turkey

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

This country has the highest literacy rate and the greatest number of entrepreneurs

Israel

Iran

Saudi Arabia

Turkey

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How has Israel made up for its lack of natural resources?

investing in oil

investing in human capital

investing in agriculture

investing in a traditional economy

6.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Saudi Arabia lacks an abundance of arable land, but has vast amounts of agriculture. Turkey has a climate and land suitable for crops, but lacks water.


Which of the following makes this statement FALSE?

Saudi Arabia lacks arable land

Turkey has land suitable for crops

Saudi Arabia has vast amounts of agriculture

Turkey has climate suitable for crops

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What happens to the price of oil when OPEC countries decide to reduce production?

Prices drop

Prices rise

Prices stay the same

Production is reduced

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