Intro to Business Chapter 2.3, 3.1, 3.2 Quiz Review
Authored by Stacy Shiffner
Business
9th Grade
Used 5+ times
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28 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
True or False: Imports refer to goods and services purchased from other countries.
True
False
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
True or False: Exports are items that a country sells to other countries.
True
False
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
True or False: A positive balance of trade means a country imports more than it exports.
True
False
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
True or False: The balance of payments includes all financial transactions made between a country and the rest of the world.
True
False
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
True or False: An increase in exchange rates means that a country’s currency is strengthening against others.
True
False
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
True or False: Infrastructure refers only to transportation systems in a country.
True
False
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
True or False: Tariffs are taxes imposed on imported goods.
True
False
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