Unit 3 Global Economy

Unit 3 Global Economy

11th - 12th Grade

20 Qs

quiz-placeholder

Similar activities

Global Economy

Global Economy

SSWH22

SSWH22

Consumption ELL

Consumption ELL

Personal Finance - Global Economics

Personal Finance - Global Economics

World Economies

World Economies

Understanding Globalization

Understanding Globalization

Unit 3 Global Economy

Unit 3 Global Economy

Assessment

Quiz

Social Studies

11th - 12th Grade

Practice Problem

Medium

Created by

SCOTT BIRCHLER

Used 57+ times

FREE Resource

AI

Enhance your content in a minute

Add similar questions
Adjust reading levels
Convert to real-world scenario
Translate activity
More...

20 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Which of the following is not a barrier for trade used in economic activities?

Tariff

Quota

GDP

Embargo

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

The goods and services a nation produces and then sells to other nations

Export

Import

Absolute Advantage

Comparative Advantage

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

International trade involves both imports and ________________.

trade

exports

quota

tariffs

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

​The goods and services a nation buys from other nations

Embargo

Tariff

Imports

Exports

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

A tariff will ________ the price of imported goods.

lower

decrease

increase

negate

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Country X produces more manufactured goods than Country Y. It is said Country X has a __________________ over Country Y.

Tariff

Comparative Advantage

Quota

Absolute Advantage

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

A tariff is a _________ charged for goods that leave or enter a country.

quota

embargo

trade

tax

Create a free account and access millions of resources

Create resources

Host any resource

Get auto-graded reports

Google

Continue with Google

Email

Continue with Email

Classlink

Continue with Classlink

Clever

Continue with Clever

or continue with

Microsoft

Microsoft

Apple

Apple

Others

Others

Already have an account?