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International Trade

Authored by Sara Sacristán

English

1st - 5th Grade

CCSS covered

Used 2+ times

International Trade
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10 questions

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1.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

What does NAFTA stand for?

North American Free Trade Agreement
National Association of Foreign Trade Agencies
New Agreement for Trade Advancement
Nordic Association of Fair Trade Agreements

Tags

CCSS.RI.2.7

CCSS.RI.3.7

CCSS.RI.4.7

CCSS.RI.5.7

CCSS.RL.4.7

2.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Which organization deals with international standards for trade?

UNICEF (United Nations International Children's Emergency Fund)
WHO (World Health Organization)
ISO (International Organization for Standardization)
ILO (International Labor Organization)

3.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

What is the most common form of international trade financing?

Personal check
Cash payment
Bank transfer
Traveler's cheque

4.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

What does CIF stand for in international trade?

Cargo Insurance Form
Cost Insurance Factor
Customs Import Fee
Cost, Insurance, and Freight

5.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

What is a tariff in international trade?

Tax on value-added goods
Fee for using maritime ports
Fee for obtaining import licenses
Tax applied to imported or exported goods

6.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

What is the WTO? (World Trade Organization)

World Tourism Organization
World Technical Organization
World Trade Office
World Trade Organization

7.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Which term refers to the practice of selling goods abroad at a price lower than the domestic market?

Dumping
Export subsidy
Trade deficit
Import quota

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