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International Trade

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Social Studies

10th Grade

Used 20+ times

International Trade
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13 questions

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1.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

The policy of erecting trade barriers to shield domestic markets from foreign competition.

Free Trade

Protectionism

Trade Barriers

2.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

The process by which people and economies around the world are becoming increasingly interconnected; the integration of national economies into the global economy.

Trade Barrier

Globalization

Macroeconomics

Microeconomics

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Import or Export:

(We) US buys cars from Japan

Import

Export

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Apples grown in Georgia and shipped to Australia.

Import
Export

5.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

To focus on producing one thing to improve productivity is known as:

Specialization
International trade
Absolute Advantage
Supply and Demand

6.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

A tax on imported goods designed to protect domestic producers from foreign competition; a type of trade barrier.

Protective Tariff

Import Quota

Trade Embargo

VER

7.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

An international organization formed after WWII to promote international peace, security, and cooperation.

United Nations

World Bank

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