Economic Integration
Quiz
•
Social Studies
•
12th Grade - University
•
Hard
Karen Lewis
Used 3+ times
FREE Resource
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
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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