
Economic Systems & Trade
Authored by Sara Davis
Social Studies
7th Grade
Used 77+ times

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23 questions
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1.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
A barrier is meant to
2.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
If a country limits the amount of an imported good, they are using a
3.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
When a country refuses to trade with others it is participating in a trade ______
4.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
A tariff is a ______
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Company XYZ produces cheese in Scotland and exports the cheese, which costs $100 per pound, to the United States. A 20% tax would require Company XYZ to pay the United States government $20 to export the cheese. This is a(n)...
Tariff
Quota
Embargo
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In 2010, Mexico imposed a limit of 250,000 tons of sugar that could be imported into Mexico. This is a(n)...
Tariff
Quota
Embargo
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In 1962, the United States prohibited all imports and exports to and from Cuba. This is a(n)...
Tariff
Quota
Embargo
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