
International trade
Authored by Lại Quỳnh Anh
English
University

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15 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The definition of TRADE is __________________.
Importing goods
to buy or sell goods or services
Exporting goods
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A trade agreement between Canada, Mexico, and the US
NAFTA
WTO
EU
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Tariffs and Quotas can benefit nations imposing them by...
Raising revenue
increasing variety of goods
lowering prices
increasing consumption
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
International trade activities do NOT include:
the exchange of visible and invisible goods
international movement of labor and money
international processing
re - export
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Government imposed limit on the quantity of a good or service that can be sold (imported) in their country
Quota
Tariff
Taxes
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
_____ can increase the price of imported goods, making domestic products more competitive
Tariff-rate
Quotas
Taxes
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Tariff-rates includes:
Ad Valorem Tariffs
Specific Tariffs
Compound Tariffs
All of them
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