
international business quiz
Quiz
•
Business
•
9th - 12th Grade
•
Practice Problem
•
Medium
Lucas Hershberger
Used 2+ times
FREE Resource
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12 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Study of governments and nations, industries and economies
Micro-econimics
Macro- economics
Trade surplus
trade deficit
2.
FILL IN THE BLANK QUESTION
1 min • 1 pt
Items that a country ships out __
3.
DROPDOWN QUESTION
1 min • 1 pt
A trade surplus happens when (a) > (b)
A trade deficit happens when (c) > (d)
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is most favorable for a countries economy
trade surplus
embargo
trade deficit
Trade deficit
5.
DROPDOWN QUESTION
1 min • 1 pt
(a) has the absolute advantage chocolate. (b) has the absolute advantage in grapes
6.
DROPDOWN QUESTION
1 min • 1 pt
(a) has the comparative advantage chocolate. (b) has the comparative advantage in grapes
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
When a country can produce a good at a lower cost and more efficiently than other countries
Comparative advantage
Trade surplus
Absolute advantage
Trade deficit
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