8. APHG Reading Quiz #8 International Trade

8. APHG Reading Quiz #8 International Trade

9th Grade

30 Qs

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8. APHG Reading Quiz #8 International Trade

8. APHG Reading Quiz #8 International Trade

Assessment

Quiz

Social Studies

9th Grade

Practice Problem

Medium

Created by

Michael Carpenter

Used 12+ times

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30 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In 2018, what percentage of the world's gross domestic product (GDP) was made up of international trade?

25%

40%

60%

75%

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is neoliberalism primarily associated with?

Government control over private enterprises

Open markets and free trade

Increased tariffs and trade barriers

Nationalization of industries

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the North American Free Trade Agreement (NAFTA) an example of?

A neoliberal regional free trade agreement

A nationalization policy

A protectionist trade policy

A government subsidy program

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the role of supranational organizations in the context of globalization?

To promote nationalization of industries

To address challenges associated with international trade and interdependence

To increase tariffs and trade barriers

To reduce international cooperation

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main goal of the World Trade Organization (WTO)?

To create a new standard currency

To help trade flow as freely as possible

To eliminate tariffs and quotas

To ensure the stability of the international monetary system

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How do globalization and trade benefit the world economy?

By increasing efficiency and opening new markets

By decreasing efficiency and closing markets

By increasing income inequality and reducing jobs

By promoting isolationism and reducing technology

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the primary mission of the International Monetary Fund (IMF)?

To eliminate trade barriers

To ensure the stability of the international monetary system

To foster regional trade networks

To create a new standard currency

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