International Trade
Quiz
•
Financial Education
•
University
•
Practice Problem
•
Easy
Алина Шурупова
Used 3+ times
FREE Resource
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6 questions
Show all answers
1.
FILL IN THE BLANK QUESTION
20 sec • 1 pt
... involves the buying and selling of goods and services across international boundaries.
2.
MULTIPLE SELECT QUESTION
20 sec • 1 pt
International Trade Types
Export
Entrepot
Import
Entreport
3.
MULTIPLE SELECT QUESTION
20 sec • 1 pt
Choose all the benefits of international trade
Dependency on Global Markets
Cultural Homogenization
Economic Growth
Specialization
4.
FILL IN THE BLANK QUESTION
20 sec • 1 pt
... is defined as the absence of government intervention of any kind in international trade, so that trade takes place without any restrictions (or barriers) between individuals or firms in different countries.
5.
MULTIPLE CHOICE QUESTION
10 sec • 1 pt
"The father of classical economics" is called ...
Karl Marx
Adam Smith
John Keynes
David Ricardo
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Сoffenia produces 8 robots and 4 cans of coffee per year, Robotia produces 3 robots and 6 cans of coffee per year. Which country will have an absolute advantage in robot production?
Сoffenia
Robotia
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