Imports, Exports, and Exchange Rates
Flashcard
•
Social Studies, Geography
•
8th - 12th Grade
•
Hard
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15 questions
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1.
FLASHCARD QUESTION
Front
Which country is the world's largest importer?
Back
United States of America
2.
FLASHCARD QUESTION
Front
Followed by ________, the United States of America is the world's second largest exporter.
Back
China
3.
FLASHCARD QUESTION
Front
True or False: Having a trade surplus means the country exports more than it imports, while having a trade deficit means the country exports less than it imports.
Back
True
4.
FLASHCARD QUESTION
Front
Which of the following is not a disadvantage of international trade? Environmental degradation, More waste, Unfair working conditions, Cheaper products for consumers
Back
Cheaper products for consumers
5.
FLASHCARD QUESTION
Front
True or False: International trade does not promote consumerism.
Back
False
6.
FLASHCARD QUESTION
Front
Like a decks of cards, international trade ______ jobs.
Back
Shuffles
7.
FLASHCARD QUESTION
Front
True or False: What is good in aggregate, in terms of the benefits of international trade, is not necessarily good for all individuals.
Back
True
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