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U.S. & International Trade

Authored by Angela Allen

Specialty, Other

6th - 12th Grade

Used 8+ times

U.S. & International Trade
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21 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

Which of the following was NOT included in the original six members of the European Community?

Belgium
France
Ireland
Italy

2.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

When was the World Trade Organization established?

2005
1995
1985
1975

3.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

Which of the following is NOT a level of economic integration?

Political union
Custom union
Free trade
Political democracy

4.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

Which of the following is the formula for determining a country’s balance of trade?

Total exports - total imports
Total exports + total imports
Total exports x total imports
Total exports ÷ total imports

5.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

About how much of the total federal budget does foreign aid account for?

Five percent
Ten percent
One percent
Fifteen percent

6.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

Which term is used to describe the comparison of the amount of foreign currency taken into a country versus the amount of domestic currency paid out?

Foreign exchange rate
Payment exchange rate
Balance of trade
Balance of payments

7.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

Which of the following is NOT a way money moves from one country to another?

Tourism
Foreign investments
Foreign policy development
Imports and exports

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