International Trade and Currency Quiz
Authored by Jovan McFarquhar
Social Studies
7th Grade
Used 1+ times
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25 questions
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1.
OPEN ENDED QUESTION
3 mins • 1 pt
What is currency?
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2.
OPEN ENDED QUESTION
3 mins • 1 pt
Why is currency exchange necessary for international trade?
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3.
FILL IN THE BLANKS QUESTION
30 sec • 1 pt
If 1 US dollar equals 100 yen, how many US dollars is 500 yen?
(a)
4.
FILL IN THE BLANKS QUESTION
30 sec • 1 pt
If 1 US dollar equals 2 euros, how many euros is 10 US dollars?
(a)
5.
OPEN ENDED QUESTION
3 mins • 1 pt
What is specialization?
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6.
OPEN ENDED QUESTION
3 mins • 1 pt
How does specialization encourage trade?
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7.
OPEN ENDED QUESTION
3 mins • 1 pt
What is a tariff?
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