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Vocabulary - Trade wars & tariffs

Authored by Teachers IELTSWITHJANE

English

University

28 Questions

Vocabulary - Trade wars & tariffs
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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A/An _____ between two countries can harm global supply chains.

trade war
import restrictions
misallocation

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The government imposed new _____ on imported steel.

tariffs
inefficiency
stock market

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

China responded with _____ on American goods.

foreign investments
retaliatory tariffs
trade wars

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Tariffs and quotas are common _____.

trade barriers
trade blocs
misallocation

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Some countries use _____ to support local businesses.

protectionism
economic nationalism
trade imbalance

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A/An _____ can cause diplomatic tension.

economic growth
trade imbalance
revenue

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Dumping is considered a/an _____.

manufacturing
unfair trade practice
revenue

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