
Econ Quiz (assignment)
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Education
10th Grade

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20 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Member nations don't place barriers on each other, but they do place barriers on non-member nations. Each nation in this still controls its own trade policies.
free trade areas
customs union
common markets
economics unions
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Member nations have free trade among themselves, but they don't each control their own trade policies. They also agree on a common external tariff for non-member nations.
Free trade areas
Customs union
common markets
monetary unions
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
It's a customs union, except factors of production move freely between member nations.
customs unions
common markets
economic unions
monetary unions
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
It's a common market but members share common economic polices and currencies.
free trade areas
customs union
economic unions
monetary unions
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Two or more nations share the same currency
economic unions
free trade areas
customs union
monetary unions
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A tax on imported goods
tariffs
quotas
embargos
standards
subsidies
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Limitations on the number of specific goods that may be imported from certain countries during a given time period.
tariffs
quotas
embargoes
standards
subsidies
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