A limited quantity of a product which may be produced, exported, or imported is called a ___.
Global economy: A short revision

Quiz
•
English
•
University
•
Hard

Patricia Góngora
Used 1+ times
FREE Resource
10 questions
Show all answers
1.
FILL IN THE BLANK QUESTION
1 min • 1 pt
2.
FILL IN THE BLANK QUESTION
1 min • 1 pt
An arrangement between two countries make to trade without tariffs, quotas, or other restrictions on some products is called ___.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The reduction of barriers to make foreign trade between countries easier is called ___.
protectionism
socialism
capitalism
trade liberalisation
4.
FILL IN THE BLANK QUESTION
1 min • 1 pt
Taxes imposed on imports or exports to discourage foreign trade are called ___.
5.
FILL IN THE BLANK QUESTION
1 min • 1 pt
The relocation of manufacturing jobs so as to cut the cost of production is called ___.
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Countries that have a lower average standard of living are often called ___.
stagnant countries
developing countries
a banana republic
developed countries
7.
FILL IN THE BLANK QUESTION
1 min • 1 pt
The organisation in charge of regulating foreign trade and conducting trade negotiations is the ___.
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