IGCSE Economics Glossary Terms - B

IGCSE Economics Glossary Terms - B

9th - 12th Grade

18 Qs

quiz-placeholder

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IGCSE Economics Glossary Terms - B

IGCSE Economics Glossary Terms - B

Assessment

Quiz

Other

9th - 12th Grade

Medium

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18 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A loan provided in order to prevent payment default

Bailout loan

Mortgage

Personal loan

Public loan

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A record of the flows of money into and out of a country

Balance of accounts

Balance of payments

Balance of options

Balance of records

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Revenue = Spending

Balanced revenue

Balanced spending

Balanced budget

Balanced money

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Ways in which new firms are prevented from entering a particular industry

Barriers to exit

Preventionism

Protectionism

Barriers to entry

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Restrictions imposed by a government that prevent the free trade of exports and imports between countries

Barriers to trade

Barriers to entry

Barriers to import

Barriers to export

6.

FILL IN THE BLANK QUESTION

30 sec • 1 pt

The act of trading goods or services between two or more parties without the use of money

7.

MULTIPLE SELECT QUESTION

30 sec • 1 pt

The interest rate that a central bank will charge to lend money to commercial banks and on which other financial organisations base their interest rates

Base rate

Bank rate

Central rate

Commercial rate

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