Which country might trade its agricultural technology for petroleum? Options: Nigeria, South Africa, Saudi Arabia, Israel
Specialization Flashcard Review

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Social Studies
•
7th Grade
•
Hard
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1.
FLASHCARD QUESTION
Front
Back
Israel
2.
FLASHCARD QUESTION
Front
Why are most countries better off specializing in the production of particular goods, and then trading with other nations to obtain whatever else they need?
Back
Resources are not evenly distributed among countries.
3.
FLASHCARD QUESTION
Front
Country X can manufacture a particular product better and at a lower cost than country Y can.
What conclusion can be drawn from this situation?
Back
Country X should sell that product to Country Y.
4.
FLASHCARD QUESTION
Front
What principle of economics is illustrated by the following statements?
1. Nation A produces cars more efficiently than it can grow food crops.
2. Nation A produces cars and buys food from Nation B.
Back
Specialization
5.
FLASHCARD QUESTION
Front
Which would be the best title for this graphic organizer?
Back
The Benefits of Specialization and Trade
6.
FLASHCARD QUESTION
Front
Countries benefit by specializing in the production of a limited number of goods.
How does this situation encourage trade among countries?
Back
Since a country cannot produce all of its needs, it makes sense for it to specialize in what it can produce efficiently, then trade with another country that specializes in what it needs.
7.
FLASHCARD QUESTION
Front
What is the Middle East's most important resource? Options: timber, land, oil, copper
Back
oil
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