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Trade and Tax

Authored by Patricia Villena

Business

7th Grade - University

Used 9+ times

Trade and Tax
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10 questions

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1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

The expansion of economic, political, and cultural processes to the point that they become global in scale and impact.

Globalization

International Trade

Export

Import

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

It involves the buying and selling of goods and services across international boundaries.

Globalization

International Trade

Import

Export

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

It involves government intervention in international trade through the imposition of trade restrictions.

Trade protection

Free trade

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Trade may take place within a country, or between trading nations.

True

False

5.

FILL IN THE BLANK QUESTION

1 min • 1 pt

It is the sending of goods or services to another country for sale.

6.

FILL IN THE BLANK QUESTION

1 min • 1 pt

It is the bringing of goods or services into a country for sale.

7.

FILL IN THE BLANK QUESTION

1 min • 1 pt

Taxes on imported goods, and are the most common form of trade restriction.

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