Unit 10 Review

Unit 10 Review

6th Grade

19 Qs

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Unit 10 Review

Unit 10 Review

Assessment

Quiz

Social Studies

6th Grade

Practice Problem

Medium

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19 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How are the economies of Canada, Mexico, and

the United States similar or different?

Canada is a pure market economy, while Mexico

and the United States are mixed economies.

Canada is a pure command economy, while

Mexico and the United States are mixed

economies.

All are mixed economies, but Canada is more

market-oriented than either Mexico or the United

States.

All all are mixed economies, but Canada is more

command-oriented than either Mexico or the

United States.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which term is used to refer to a country focusing

on producing a relatively small number of goods

or services based on what the country can

produce most efficiently?

opportunity cost

competition

specialization

entrepreneurship

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is it called when an activity slows or

outright blocks the free exchange of goods and

services?

Quota

Production

Goods

Trade Barrier

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a trade barrier which places a tax on imported goods?

Embargo

Quota

Tariff

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a trade barrier that blocks all trade with another nation?

Embargo

Quota

Tariff

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is often the purpose of tariffs?

To make foreign goods less expensive

to increase imports of foreign goods

to lower prices of domestic goods

to protect domestic producers

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What makes it easier for people and businesses

from different countries to trade with each other?

high tariff rates

the use of embargos

investment in capital goods

a currency exchange system

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