CLEAN : Sri Lanka import ban affecting supplies of turmeric,cars

CLEAN : Sri Lanka import ban affecting supplies of turmeric,cars

Assessment

Interactive Video

Business, Social Studies, History

9th - 10th Grade

Hard

Created by

Quizizz Content

FREE Resource

The transcript discusses issues related to the importation of certain goods, highlighting how some items are hidden and not released to the market. It explains the trade practices that exploit loopholes due to the high value of these goods. The focus then shifts to turmeric farming, noting that the upcoming harvest will naturally control the import and smuggling of turmeric.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main reason some imported goods are not released to the market?

They are of low quality.

They are not in demand.

They have been hidden and detained.

They are too expensive.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why do traders seek loopholes in the importation process?

To bring in high-value items.

To avoid taxes.

To reduce costs.

To increase competition.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is expected to happen by the end of February regarding turmeric?

Turmeric will be banned from importation.

Turmeric prices will drop significantly.

The main portion of turmeric will be harvested.

A new import policy will be introduced.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How will the turmeric harvest affect importation?

It will increase importation.

It will lead to more smuggling.

It will have no effect.

It will naturally control importation.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the primary focus of the final section?

The demand for high-value items.

The quality of imported goods.

The loopholes in trade practices.

The turmeric harvest and its impact.