
Voluntary Trade & OPEC
Authored by Malynda Corbin
Social Studies
7th Grade
Used 17+ times

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30 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
________________ occurs when different countries choose to engage in the exchange of goods with one another.
Crimes
Voluntary Trade
Specialization
Tariffs
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Voluntary trade is good because...
it lets a country sell its own resources and buy the resources it doesn't have
it allows countries to monopolize goods and services
it allows countries to take over resources
It isn't a good thing
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
__________________ is when a country focuses on what resources they have and services that they do best.
Voluntary Trade
Bartering
Specialization
Trade Barriers
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Saudi Arabia, Iran, Iraq, and Kuwait specialize in ____________ production and export millions of barrels every day.
Turnips
Oil
Diamonds
Steel
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Israel specializes in the ______________ industry—it is
the world’s largest exporter of it.
Turnips
Oil
Diamonds
Steel
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
_________________ has a more diversified economy and
has developed important export industries in
gold, coal, textiles, and automobiles.
Saudi Arabia
Israel
Turkey
Iran
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Trade barriers are natural or man-made obstacles to voluntary trade.
True
False
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