Global Trade Quiz

What is the term for bringing goods and services into a country for sale?

• Export

• Globalisation

• Import

• Economy

What is the term for sending goods and services to another country for sale?

• Import

• Export

• Trade

• Fair trade

What does the term 'global trade' refer to?

• The buying and selling of goods and services we want and need.

• The exchange of goods and services between countries.

• The process of the world’s countries becoming more connected.

• The way in which goods and services are made, sold, and used in a country.

What is the process of the world’s countries becoming more connected as a result of global trade called?

• Economy

• Fair trade

• Globalisation

• Import

What is the term for the buying and selling of goods and services we want and need?

• Trade

• Export

• Globalisation

• Economy

What is the term for the way in which goods and services are made, sold, and used in a country?

• Trade

• Economy

• Globalisation

• Fair trade

What is the term for trade between companies in developed countries and producers in developing countries in which fair prices are paid to the producers?

• Global trade

• Import

• Fair trade

• Export

What is the scale of trade?

• It explores the difference between local, national, and global trade

• It looks at how trade effects the economy

• It measures exports

• It measures import

Why is fairtrade important?

What determines a country's highest value export?

• The country's population

• The country's physical and human geography

• The country's political system

• The country's import rate