Imports and Exports
Interactive Video
•
Social Studies, Business
•
4th Grade - University
•
Hard
Wayground Content
FREE Resource
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5 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the main difference between personal trade and international trade?
Personal trade involves money, while international trade does not.
International trade is always between individuals.
International trade involves money, while personal trade does not.
Personal trade is always between countries.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why do countries engage in international trade?
To access goods that are scarce locally.
To avoid competition.
To reduce their natural resources.
To increase their population.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is an example of a service that can be traded internationally?
Chocolate
Bananas
Automobiles
Tourism
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is one benefit of international trade mentioned in the video?
It decreases competition.
It leads to higher prices.
It reduces the variety of products available.
It increases competition.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is a top export of the United States?
Pharmaceuticals
Industrial machinery
Cheese
Electronic equipment
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