International Trade Final Project

Quiz
•
Education, Other
•
12th Grade
•
Hard
Aubree Wright
FREE Resource
15 questions
Show all answers
1.
FILL IN THE BLANK QUESTION
1 min • 1 pt
International Trade is the exchange of goods and services between.....
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Nothing hinders or gets in the way of trade between two countries is called...
Trade Barriers
Free Trade
Trade Restrictions
Trading Blocks
3.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
Which ones are costs of free trade?
Total world output of sales is increased
Less money in the domestic market may cause business to lay off workers
Increased competition means lower prices
More variety of goods from a word market
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which one is NOT a trade restriction?
Tariffs
Quota
EU
Embargoes
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which trade restriction is this? This policy reduces costs for producers, often to promote exports to other countries.
Subsides
Quotas
Embargoes
Standards
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does ASEAN stands for?
European Union
Association for Southeast Asian Nations
North American Free Trade Agreement
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which one is a benefit of a trade barrier?
Protect homeland industries from competition
Protect jobs
Extra income for the government
All of the Above
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