
TRADE BARRIE
Quiz
•
Business
•
University
•
Practice Problem
•
Medium
Carl Alvin
Used 2+ times
FREE Resource
Enhance your content in a minute
50 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the general term that describes any government policy or regulation that restricts international trade?
Trade barriers
Protectionism
Tariffs
Non-trade barriers
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why do most countries have trade restrictions?
To increase world output
To protect local products from foreign competition
To promote international cooperation
To reduce trade imbalances
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What are the two main tools of protectionism policy?
Tariff barriers and non-trade barriers
Specific tariffs and ad valorem tariffs
Protection of domestic industries and revenue generation
Trade volume reduction and price increases for consumers
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the purpose of tariffs?
To protect domestic industries
To generate government revenue
To correct trade imbalances
All of the above
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which type of tariff is imposed based on the value of the import?
Specific tariffs
Ad valorem tariffs
Compound tariffs
Mixed tariffs
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the historical perspective of tariffs?
Tariffs have been a common feature of international trade for centuries
Tariffs were introduced after World War II
Tariffs have been eliminated in recent decades
Tariffs are a recent phenomenon
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What organization succeeded the General Agreement on Tariffs and Trade (GATT)?
World Trade Organization (WTO)
European Single Market
North American Free Trade Agreement (NAFTA)
Uruguay Round
Access all questions and much more by creating a free account
Create resources
Host any resource
Get auto-graded reports

Continue with Google

Continue with Email

Continue with Classlink

Continue with Clever
or continue with

Microsoft
%20(1).png)
Apple
Others
Already have an account?
Similar Resources on Wayground
50 questions
HOTEL Mock Exam Questions
Quiz
•
University
45 questions
CompB5 Midterm Review
Quiz
•
University
50 questions
QM Quiz 2 Sem 3, 19/20
Quiz
•
University
50 questions
Post-Test Wirausaha Merdeka
Quiz
•
University
50 questions
HPC4-SUPPLY CHAIN MANAGEMENT IN HOSPITALITY INDUSTRY
Quiz
•
University
50 questions
Am I ready to be an entrepreneur? - ENTREPRENEURIAL SKILLS Quizz
Quiz
•
8th Grade - Professio...
52 questions
MBA II Semester Quiz
Quiz
•
University
52 questions
Mid-Term Exam in IPR (Intellectual Property Rights)
Quiz
•
University
Popular Resources on Wayground
15 questions
Fractions on a Number Line
Quiz
•
3rd Grade
20 questions
Equivalent Fractions
Quiz
•
3rd Grade
25 questions
Multiplication Facts
Quiz
•
5th Grade
54 questions
Analyzing Line Graphs & Tables
Quiz
•
4th Grade
22 questions
fractions
Quiz
•
3rd Grade
20 questions
Main Idea and Details
Quiz
•
5th Grade
20 questions
Context Clues
Quiz
•
6th Grade
15 questions
Equivalent Fractions
Quiz
•
4th Grade
Discover more resources for Business
7 questions
How James Brown Invented Funk
Interactive video
•
10th Grade - University
5 questions
Helping Build the Internet: Valerie Thomas | Great Minds
Interactive video
•
11th Grade - University
12 questions
IREAD Week 4 - Review
Quiz
•
3rd Grade - University
23 questions
Subject Verb Agreement
Quiz
•
9th Grade - University
7 questions
Renewable and Nonrenewable Resources
Interactive video
•
4th Grade - University
19 questions
Review2-TEACHER
Quiz
•
University
15 questions
Pre2_STUDENT
Quiz
•
University
20 questions
Ch. 7 Quadrilateral Quiz Review
Quiz
•
KG - University
