Specialization and trade
Quiz
•
Social Studies
•
5th - 8th Grade
•
Medium
Melanie Miller
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10 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
When a country focuses on a particular type of good or service.
Command
Specialization
Market
Traditional
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
When a country specializes in a good or service, the more it will need to
Trade with other countries
Stop all trade
Charge more taxes
Increase tariffs
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which Latin American country is the region's largest exporter?
Brazil
Mexico
Cuba
Canada
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a tariff?
A limit on imports
A total block on trade
A tax on imports
Raw sugar
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which is a reason a government might set a quota on foreign goods?
To protect its own natural resources
To encourage investment in human capital.
To protect its own businesses from competition.
To increase taxes on exports.
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The United States' ban on trade with Cuba is an example of which type of trade barrier?
Tariff
Quota
Embargo
Subsidy
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the main goal of NAFTA?
To limit trade with Cuba
To increase trade with Brazil
To increase trade between North American countries
To increase tariffs with Mexico, Canada and the USA
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