2nd quarter test review

2nd quarter test review

9th - 12th Grade

32 Qs

quiz-placeholder

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2nd quarter test review

2nd quarter test review

Assessment

Quiz

Business

9th - 12th Grade

Easy

Created by

Briana Solis

Used 1+ times

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32 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

The making, buying, and selling of goods and services within a country is called

International business

World trade

Importing

Domestic business

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The United States conducts trade with more than ___ countries

10

50

100

180

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following countries has an absolute advantage in coffee

United States

Saudi Arabia

Brazil

Ireland

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following scenarios is likely to cause the value of a country’s currency to rise?

Prolonged inflation

Sudden change in government

Increased demand for the nations products and currency

Higher interest rates

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is NOT a cultural/social factor that affects international business?

Language

Religion

Values

Climate

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The key factors that affect a country’s level of economic development are

Government system, political stability, and trade barriers

Literacy level, technology, and agricultural dependency

Religion, traditions, and customs

Location, climate, and natural resources

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A tax that a government places on certain imported products is called a

Quota

Embargo

Tariff

Divestiture

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