Economic Integration

Economic Integration

12th Grade - University

•

34 Qs

quiz-placeholder

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Economic Integration

Economic Integration

Assessment

Quiz

•

Social Studies

•

12th Grade - University

•

Hard

Created by

Karen Lewis

Used 3+ times

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34 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What kind of economic integration arrangement has common policies on product regulation, and free movement of goods, services, capital and labour?

Common markets

Preferential trading area

Free trade areas

Custom unions

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

It is correct to say that countries within a customs union have...

Common external barriers

Common currency and a common central bank

Common policies on product regulation.

None of the above

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The EU is better seen as an example of...

A Economic and monetary union

Free trade area

A Customs Union

A Complete Economic integration

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

The following image demonstrates Donald Trump's preference for....

Globalism

Internationalism

Protectionism

Americanization

5.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

What is a monetary union?

situation that involves a common currency, such as the Euro as well as universal monetary policy.

an agreement between two nations or trading groups that gives each party favoured trade status.

an agreement between a number nations or trading groups that give each party favoured trade trade status.

an agreement between two or more countries to lower trade barriers between each other on particular products

6.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

What is a bilateral agreement?

situation that involves a common currency, such as the Euro as well as universal monetary policy.

an agreement between two nations or trading groups that gives each party favoured trade status.

an agreement between a number nations or trading groups that give each party favoured trade trade status.

an agreement between two or more countries to lower trade barriers between each other on particular products

7.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

What is a multilateral agreement?

situation that involves a common currency, such as the Euro as well as universal monetary policy.

an agreement between two nations or trading groups that gives each party favoured trade status.

an agreement between a number nations or trading groups that give each party favoured trade trade status.

an agreement between two or more countries to lower trade barriers between each other on particular products

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