leaving cert business international trade
Authored by Edward Fanning
Business
6th Grade
Used 2+ times
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37 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A trade agreement between 27 countries of with the same currency and open trade between those nations.
NAFTA
EU
WTO
ABC
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A trade agreement between Canada, Mexico, and the US
NAFTA
EU
WTO
ABC
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
All of the following are terms used to describe limitations on trade except?
Trade Barriers
Sanctions
Trade restrictions
EU
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
This trade barrier limits the number of products that can be brought into a country.
Tariff
Quota
Embargo
Subsidy
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
This is a tax on imports that is used to increase price of foreign products and raise government revenue.
tariff
quota
subsidy
embargo
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
This is the most restrictive of the trade restrictions a nation can use to close off all importation of a product.
tariff
quota
subsidy
embargo
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Infant industries can be helped in the world market by giving those industries a
subsidy
quota
embargo
tariff
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