MPP International Trade MCQ
Authored by Ruth Gee
Business
University
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53 questions
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1.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
A trade agreement that eleminates barriers between the United States, Canada, and Mexico.
2.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
A union which promotes free movement of goods and workers across borders in Euroupean countries.
3.
DROPDOWN QUESTION
1 min • 1 pt
The association of 12 member nations of southeast Asia to promote economic growth, free trade and economic collaboration between member nations is called (a) .
4.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
A ban; government prohibits the import of that item.
5.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Government makes payments to local suppliers to reduce the production costs of the supplier.
6.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
A tax on imports
tariff
import tax
supply
embargo
7.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Rules used to try to limit trade with other countries
embargo
tariff
trade barriers
quota
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