Principles of Business Spring Review

Principles of Business Spring Review

12th Grade

50 Qs

quiz-placeholder

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Principles of Business Spring Review

Principles of Business Spring Review

Assessment

Quiz

Business

12th Grade

Medium

Created by

Curtis Mcclaren

Used 15+ times

FREE Resource

50 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Which of the following was NOT included in the original six members of the European Community?

Belgium

France

Ireland

Italy

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

When was the World Trade Organization established?

2005

1995

1985

1975

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Which of the following is NOT a level of economic integration?

Political union

Custom union

Free trade

Political democracy

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Which of the following is the formula for determining a country's balance of trade?

Total exports - total imports

Total exports + total imports

Total exports x total imports

Total exports / total imports

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

About how much of the total federal budget does foreign aid account for?

Five percent

Ten percent

One percent

Fifteen percent

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Which term is used to describe the comparison of the amount of foreign currency taken into a country versus the amount of domestic currency paid out?

Foreign exchange rate

Payment exchange rate

Balance of trade

Balance of payments

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Which of the following is NOT a way money moves from one country to another?

Tourism

Foreign investments

Foreign policy development

Imports and exports

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