Search Header Logo

International Trade Quiz

Authored by Shondale Pagano

Social Studies

12th Grade

International Trade Quiz
AI

AI Actions

Add similar questions

Adjust reading levels

Convert to real-world scenario

Translate activity

More...

    Content View

    Student View

16 questions

Show all answers

1.

OPEN ENDED QUESTION

10 mins • Ungraded

Evaluate responses using AI:

OFF

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the U.S. trade deficit in 2015?

$531.5 billion

$600 billion

$500 billion

$550 billion

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the largest part of the current account in the balance of payments?

Debt forgiveness

Net investment income

Net transfers

Trade in goods and services

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the capital and financial account in the balance of payments responsible for?

Recording debt forgiveness and foreign purchases of assets

Recording net transfers

Recording net investment income

Recording exports and imports of goods and services

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a financial asset?

Goods used to produce other goods and services

A contract promising future cash payment

A tangible item with intrinsic value

A resource with economic value

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the difference between a country's exports and imports called?

Trade deficit

Trade surplus

Budget deficit

Transfer

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main reason for the U.S. trade deficit according to economists?

Inferior goods production

National saving and investment decisions

Currency manipulation

Flawed trade policy

Access all questions and much more by creating a free account

Create resources

Host any resource

Get auto-graded reports

Google

Continue with Google

Email

Continue with Email

Classlink

Continue with Classlink

Clever

Continue with Clever

or continue with

Microsoft

Microsoft

Apple

Apple

Others

Others

Already have an account?