International Trade Diagnostic test (UPAEP)

International Trade Diagnostic test (UPAEP)

University - Professional Development

10 Qs

quiz-placeholder

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International Trade Diagnostic test (UPAEP)

International Trade Diagnostic test (UPAEP)

Assessment

Quiz

Other

University - Professional Development

Practice Problem

Hard

Created by

Ariadna Cantero

Used 8+ times

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10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Media Image

International Trade is the Exchange of goods and services between 2 or more countries

True

False

2.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Media Image

When a country is capable of producing a good with fewer resources than another country, we are talking about the Theory of:

Mercantilism Theory

Theory of Absolute Advantage

Theory of Comparative Advantage

Theory of Factor Proportions

3.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Media Image

Iceland, Liechtenstein, Norway and Switzerland represent an example of one of the Levels of Economic Integration. What level is it?

Free trade Area

Customs union

Common Market

Economic Union

4.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Media Image

The capital of this country is Pekín

China

Cambodia

Philippines

Burundi

5.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Media Image

What continent does Qatar belong to?

America

Europe

Asia

Africa

6.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Media Image

A Tariffs is a Barrier?

True

False

7.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Media Image

What is the name of Mexico's free trade agreement with the United States and Canada?

North American Free Trade Agreement (NAFTA)

United States-Mexico-Canada Agreement (USMCA)

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