Tariffs

Quiz
•
Social Studies
•
6th Grade
•
Hard
John Robinson
Used 1+ times
FREE Resource
15 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Which statement BEST reflects the difference between tariffs and quotas?
Tariffs raise prices on exports, while quotas set limits on imports.
Tariffs raise prices on imports, while quotas set limits on exports.
Tariffs raise prices on exports, while quotas set limits on exports.
Tariffs raise prices on imports, while quotas set limits on imports.
2.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
What is the purpose of a tariff?
To encourage people to buy goods made in their own country.
To increase trade between other countries.
To stop trade completely.
To encourage democracy.
3.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Why would a country impose a tariff or quota on imported goods?
to raise the price of imported goods and encourage people to buy local
to raise the price of imported goods to help other countries make more money
4.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
How are tariffs and quotas alike?
They both restrict or limit trade between countries.
They both completely stop trade between countries.
They both increase trade between countries.
They both make trading a lot easier between countries.
5.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
What does a trade barrier do?
encourage the flow of trade
block or slow down trade
make people obey the government
6.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
What term means a government tax on imports?
Tariff
Passport
Free Trade
Union
7.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
What is the advantage of participating in the European Union (EU)?
Eliminated tariffs and increase of free trade
Low tariffs and no embargos
High tariffs and no free trade
Embargoes, tariffs, and quotas
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