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BMF Chapter 1 Business

Authored by Zandra Peyton

Business

6th - 8th Grade

Used 1+ times

BMF Chapter 1 Business
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30 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When something is made in another country but shipped and sold here in the USA.

Import

Export

Domestic

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When something is made in the USA but shipped and sold in another country

Import

Export

Domestic

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Applies to situations where we get and give through trade with countries from all over the world.

Scarcity

Standard of Living

Globalization

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Russia sells 50 tanks to the USA. The USA will get the tanks as an ______

Import

Export

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

One of the biggest factor that affects international trade is

Country relationships with each other

Global Warming

Money

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

All business activites needed to create, ship, and sell goods and services across national borders.

Trade Barriers

Taxes

International Business

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Restrictions that reduce free trade among countries.

Money

Law Enforcement

Taxes

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