It decides the price and amount of oil made each year in big oil countries like Iran, Iraq, Saudi Arabia, and Kuwait

Organization of Petroleum Exporting Countries

Organization of Petroleum Exchanging Countries

Organization of Petroleum Expecting Continents

One of the purposes of fair trade is:

C) Small companies have the same opportunities as large companies.

A) Small companies to outperform large companies

B) The big companies obtain better benefits.

Which theory explains countries producing goods that require abundant resources and importing goods that require resources in short supply?

International product life cycle

Which of the following sentences uses the word 'trade' correctly?

A) She decided to trade her old car for a new one.

B) The trade of the book was very interesting.

C) He trade his lunch with his friend.

D) They are going to trade the garden tomorrow.

What is the meaning of the word 'trade' in the context of international business?

B) Exchange of goods and services

Identify the correct sentence structure: 'Trade between countries can lead to economic growth.'

C) Trade can lead to economic growth between countries.

A) Trade between countries can lead economic growth to.

B) Between countries trade can lead to economic growth.

D) Economic growth can lead to trade between countries.

What is the main idea of the following passage? 'Trade has been a crucial part of human civilization, allowing for the exchange of goods, culture, and ideas across the world.'

C) Trade involves the exchange of goods, culture, and ideas.

A) Trade is only about exchanging goods.

D) Trade is not important for civilization.

Which sentence uses 'trade' as a verb?

B) They trade goods every weekend at the market.

A) The trade fair was a huge success.

C) The trade winds are strong today.

D) The trade route was discovered by explorers.

Which of the following sentences is an example of a metaphor involving 'trade'?

A) Trade is the lifeblood of the economy.

B) They trade every Saturday at the market.

C) The trade agreement was signed last week.

D) Trade routes were established centuries ago.

In literature, how can 'trade' be used as a theme?

B) As a representation of cultural exchange

Trade

Quiz

•

English

•

University

•

Practice Problem

•

Hard

•

CCSS

L.5.5C, L.11-12.4A, RL.11-12.2

+28

Standards-aligned

Sarah Williams

FREE Resource

25 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

To swap products with someone

Trade

Specialization

Exchange rate

Import

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Trading between countries

Exchange rate

Embargo

International trade

Voluntary trade

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

When a country won't trade with another country at all

Quota

Embargo

Tariff

Free trade

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Any action a government uses to control trade between countries

Trade barrier

Voluntary trade

Free trade

Specialization

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

When people trade because they both want what the other person has

Trade barrier

Voluntary trade

International trade

Free trade

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Products brought into a country

Currency

Exchange rate

Export

Import

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

An extra price or tax added onto imported products

Embargo

Tariff

Quota

Exchange rate

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Trade

25 questions

To swap products with someone

Trading between countries

When a country won't trade with another country at all

Any action a government uses to control trade between countries

When people trade because they both want what the other person has

Products brought into a country

An extra price or tax added onto imported products

International trade free of government control and trade barriers

A limit on how much of something may be imported

Products sold to other countries

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