Economic Geo Released Questions

Which phrase best describes the subject of this newspaper headline?

• Differences in culture

• Tariff reductions on consumer goods

• Unequal distribution of natural resources

• Internationalization of product assembly

Which advantage best completes this diagram?

• Limited foreign regulations

• Reduced reliance on foreign trade

• Increased global influence

• Similarity of government systems

Which phrase best completes this diagram?

• Manual labor

• Limited communication

• Diverse economy

• Specialized production

What is an advantage for a small, developing country in joining an economic union?

• Closing of inefficient industries

• Access to natural resources without limitations

• Replacing family farms with agribusinesses

• Greater access to international markets

Which factor is matched with the correct box?

• Environmental Concerns in box 1

• Population Growth in box 1

• Agricultural Output in box 2

• Medical Innovation in box 2

Which activity best completes the table?

• Banking

• Fishing

• Canning

• Ranching

Which statement best explains why nations must trade?

• All nations belong to free trade agreements

• All nations seek out new production methods

• No nation has all necessary resources

• No nation can employ all of its laborers

Which factor is most directly related to the level of economic development of a country?

• Urbanization

• Climate

• Language

• Religion

What was the primary reason for establishing the Organization of Petroleum Exporting Countries (OPEC)?

• Regulating global market prices of oil

• Increasing underwater exploration of oil

• Limiting revenue growth from oil sales

• Expanding oil production quotas

Which list correctly ranks this country’s levels of economic activity from largest to smallest?

• Primary, Secondary, Tertiary

• Secondary, Tertiary, Primary

• Secondary, Primary, Tertiary

• Tertiary, Primary, Secondary