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Intro to SS Retake

Authored by Andrew Davis

Social Studies

6th Grade

Used 4+ times

Intro to SS Retake
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29 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A limit on trade is called a ______.

Quota

Tariff

Embargo

Subsidy

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A tax on trade is called a ______.

Tariff

Subsidy

Quota

Embargo

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A ban on trade is called an ______.

Embargo

Tariff

Quota

Subsidy

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Country B makes goods and services it can produce efficiently and trades for the ones it cannot. Country B is practicing what economic concept?

Specialization

Tariff

Quota

Embargo

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If Country A invests in on-the-job training and college education for its citizens, it has essentially invested in ______.

Human Capital

Physical Capital

Natural Resources

Technological Innovation

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Country X has a LOWER GDP per capita than Country Y. We can probably assume that country X has a ______ standard of living.

lower

higher

same

nonexistent

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The total market value ($) of goods and services produced by a country in one year divided by the number of people is called ______.

GDP per capita

Gross Domestic Product

Net National Product

Consumer Price Index

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