SS6E8ab Specialization and Trade Barriers

SS6E8ab Specialization and Trade Barriers

6th Grade

20 Qs

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SS6E8ab Specialization and Trade Barriers

SS6E8ab Specialization and Trade Barriers

Assessment

Quiz

Social Studies

6th Grade

Practice Problem

Medium

Created by

Sharon Nirk

Used 346+ times

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20 questions

Show all answers

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.

Tariff
Embargo
Quota

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