International Trade

Quiz
•
Business, Professional Development, English
•
11th Grade
•
Medium
Ana Madrigal
Used 13+ times
FREE Resource
8 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
Is the market value of all finished goods and services produced within a country in a year. Can be calculated using production, expeditures or incomes.
GDP nominal
Real GDP
GDP per capita
2.
FILL IN THE BLANK QUESTION
30 sec • 5 pts
Real GDP adjusts the numbers by fixing the currency value, thus eliminating any distortion caused by ________ or deflation.
3.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
International trade amounts to a sixth of the total economic activity in the world. About $______ of goods and services cross international borders each year.
19 billion
19 trillion
19 million
4.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
IPE stands for
International possesions and economics
Interdisciplinary political economies
International political economy
5.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
Mercantilism , generally shares with ______ the belief that each state must protect its own interests at the expense of others
realism
idealism
liberalism
6.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
Economic liberalism , an alternative approach, generally shares with liberal internationalism a belief in the possibility of cooperation to realize common gains
True
False
7.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
Liberalism is the dominant approach in
northern economics
world economics
western economics
8.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
Mercantilism achieved prominence in
The 18th century
The 19th century
Europe
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