Globalization Review

Globalization Review

9th - 12th Grade

17 Qs

quiz-placeholder

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Globalization Review

Globalization Review

Assessment

Quiz

Social Studies

9th - 12th Grade

Medium

Created by

Leigh Anne Torres

Used 3+ times

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17 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a Tariff?

A tax on imported goods

A price marked on goods

Profit made from manufactured goods

2.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

When we talk about different nations around the world sharing more goods, ideas, cultures and systems of government, we are talking about ____________________________

neighbors
globalization
realization
sensation

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following statements best describes trade between two nations?

It is legally required

It is mutually beneficial

It avoids specialization

It involves low cost for both nations

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If a nation chooses to specialize and trade, which of the following situations could be expected to occur?

Decreased resource availability

Fewer domestic jobs

Lower prices

Decreased quantity and quality of goods

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the primary purpose NAFTA?

To reduce trade barriers among the US, Canada, and Mexico
To reduce trade barriers among Central America and Mexico
To reduce trade barriers among Brazil and Mexico
To encourage free trade between the US, Europe, and Canada

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

refers to the unrestricted flow of goods, services, and productive resources between countries

free trade

balance of trade

trade surplus

trade deficit

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The use of trade barriers to protect a nation’s industries from foreign competition

Balance of trade
NAFTA
Quotas
Protectionism 

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