Australia

The population of Australian Aborigines quickly decreased in the 19^th century because:

• Australian Aborigines left for Asia

• Australian Aborigines fought each other in wars

• Australian Aborigines stopped having children

• Australian Aborigines died from European diseases.

The religion of the Aborigines is known as

• Dreamtime

• Christianity

• Nature Religion

• Catholicism

The term free trade refers to _________

• The stores giving away items at no cost

• The removal of trade barriers

• People trading items without the use of money

• Geographic features that slow down transportation

To what does the term Aborigine refer?

• A river in Queensland

• The indigenous people of Australia

• An indigenous plant in the Australian outback

• A major agricultural product in Tasmania

____________________ is to focus on one product; the act of producing only one particular type of good or service

• Specialization

• Economics

• Barter

• Agriculture

In order to ensure people will continue to buy U.S. oranges, the U.S. government only allows a limited number of oranges from other countries to be imported in the U.S. This is an example of a (n) _________.

• Tariff

• Quota

• Transportation corridor

• Embargo

When one country announces that it will no longer trade with another country in order to isolate a country and cause problems with that country’s economy, it is called a(n) _____________.

• Tariff

• Embargo

• Quota

• Involuntary Trade

Which explains how most countries around the world answer basic economic questions?

• A mixture of command and market economies

• Most countries are pure market economies

• Most countries are pure command

• A mixture of traditional and market economies

An economic model governed by custom, habit, and history

• Traditional economy

• Market economy

• Command economy

• Free trade economy

An economic model which laws of supply & demand (not government) determine what is produced & at what cost

• Command economy

• Traditional economy

• Market economy

• Involuntary trade