International Economics Vocabulary Quiz

Quiz
•
Social Studies
•
9th - 12th Grade
•
Easy
Callie Wenslow
Used 57+ times
FREE Resource
22 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
15 mins • 1 pt
Specifications that products may have to meet for various purposes such as health, safety or compatibility are called?
embargo
tariff
standards
quota
2.
MULTIPLE CHOICE QUESTION
15 mins • 1 pt
A government imposed limit on the quantity of goods and services that may be imported from another country is called a?
standard
embargo
tariff
quota
3.
MULTIPLE CHOICE QUESTION
15 mins • 1 pt
An __________ is a government order that restricts the exchange of goods with a specified country.
embargo
tariff
quota
subsidy
4.
MULTIPLE CHOICE QUESTION
15 mins • 1 pt
An _______ is a good or service bought in one country that was produced in another.
tariff
quota
export
import
5.
MULTIPLE CHOICE QUESTION
15 mins • 1 pt
________ are the goods and services that a country produces domestically and sells to buyers in a foreign country
trade
imports
exports
tariff
6.
MULTIPLE CHOICE QUESTION
15 mins • 1 pt
A government policy or restriction that limits international trade is known as a?
quora
trade barrier
subsidy
standards
7.
MULTIPLE CHOICE QUESTION
15 mins • 1 pt
A tax on an imported good is called a?
quota
barrier
tariff
standard
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