Economy of the United Kingdom Quiz

What percentage of the UK's workforce is in the service industry?

• 50%

• 60%

• 70%

• 80%

Which of the following countries is NOT one of the UK's largest trading partners?

• United States

• Germany

• France

• China

What is the approximate value of imports responsible for income in the United Kingdom?

• $300 billion

• $470 billion

• $600 billion

• $750 billion

Which airport in the UK has the highest number of annual passengers?

• Southend

• Luton

• Gatwick

• Heathrow

What was one of the main reasons the UK economy was hit hard in 2008?

• High literacy rates

• Importance of the UK banking system

• Low consumer debt

• High agricultural output

A country is facing scarcity of oil. This country is likely to ___________?

• Import

• Export

One way the United States could increase exports of sports cars would be to —

• negotiate to lower tariffs on sports cars

• reduce gasoline taxes in the United States

• increase the exchange rate of the American dollar

• raise the prices of sports cars in the United States

Goods and services brought in from other countries

• supply

• exports

• imports

• tariff

Goods and services a country produces and sells to other countries

• imports

• exports

• demand

• supply

Which of the following is a major export product of the United States?

• Oil

• Automobiles

• Textiles

• Electronics