
SS6E8ab Specialization and Trade Barriers
Authored by Sharon Nirk
Social Studies
6th Grade
Used 348+ times

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20 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
voluntary trade
some parties freely agree to trade and gain benefits
all parties are paid to trade and have no benefits with goods and services
both parties will have benefits and no money for trading
both parties freely agree to trade and benefit from exchanging goods and services
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
any activity which slows or outright blocks the free exchange of goods and services
sanctions
tariff
trade barriers
sovereign
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
a trade barrier that places a tax on imported goods
quota
embargo
tariff
benefit
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
services that can be produced most efficiently and cost effectively
standard living
specialization
benefits
trade
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Quota
unlimited amounts of goods and services trade
limited number of services
limit on imported goods
unlimited imported goods
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Embargoes
free all trade with another nation
frequently used to punish rouge states and block all trade
giving benefits to all trade partners and rogue states
punish only those inside the agreement
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following trade barriers is a block or restriction on trade with another country.
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