Week 3 IEF Quiz
Quiz
•
Social Studies
•
University
•
Medium
Dharshini Balasingam
Used 1+ times
FREE Resource
13 questions
Show all answers
1.
MULTIPLE SELECT QUESTION
30 sec • 1 pt
Which of these provide "services"? (MULTIPLE RIGHT ANSWERS)
Petrol station
Internet provider
Grab Delivery
Mobile phone
Restaurant
2.
MULTIPLE SELECT QUESTION
30 sec • 1 pt
Which of these provide "goods"? (Multiple Right Answers)
Starbucks
Nissan
Khan Academy
Family Mart
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The increasing interdependence in the global economy is called
International economics
International economic integration
International Industry Interdependence
Circular economy
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a benefit of economic interdependence for consumers?
Increased wages
Healthy lifestyle
Lower prices for goods
Longer life expectancy
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a potential downside of globalisation for countries?
Higher GDP
Loss of self sufficiency
Political cooperation
Immigration
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
When international goods and services can be traded WITHOUT tariffs, that is called
Trade
Free Trade
Neutral Trade
Economics
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Who ends up paying for Tariffs?
Foreign governments
consumers
Domestic companies
foreign companies
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