
Trade Barriers and Protectionism Concepts

Interactive Video
•
Business
•
10th - 12th Grade
•
Hard

Patricia Brown
FREE Resource
Read more
10 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the primary purpose of trade barriers?
To protect domestic industries
To reduce government revenue
To increase international trade
To promote cultural exchange
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How do quotas affect the price of imported goods?
They increase the price
They stabilize the price
They have no effect on the price
They decrease the price
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is an embargo primarily used for?
To encourage trade with specific countries
To increase the supply of domestic goods
To completely stop trade with certain countries
To reduce tariffs on imported goods
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the main effect of tariffs on imported goods?
They increase the quality of imported goods
They make imported goods more expensive
They have no effect on the price
They make imported goods cheaper
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a subsidy?
A complete ban on trade with a country
A restriction on the number of imports
A government payment to support domestic businesses
A tax on imported goods
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the goal of protectionism?
To reduce government intervention in trade
To protect domestic industries from foreign competition
To promote free trade
To increase international cooperation
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What do local content laws require?
No domestic production is allowed
All products must be imported
Products sold in a country must be partly made there
Only foreign companies can sell products
Create a free account and access millions of resources
Similar Resources on Wayground
11 questions
Understanding Trade Barriers and Agreements

Interactive video
•
9th - 12th Grade
11 questions
International Trade Concepts and Policies

Interactive video
•
9th - 10th Grade
11 questions
Import Substitution Trade Strategies

Interactive video
•
9th - 12th Grade
11 questions
The Impact and Significance of NAFTA on North American Trade

Interactive video
•
9th - 12th Grade
11 questions
Non-Tariff Barriers to Trade

Interactive video
•
10th - 12th Grade
11 questions
Trade Protectionism Concepts and Effects

Interactive video
•
9th - 12th Grade
6 questions
Understanding Transaction and Trade

Interactive video
•
11th Grade - University
11 questions
Exploring Free Trade and Protectionism: Pros and Cons

Interactive video
•
9th - 12th Grade
Popular Resources on Wayground
11 questions
Hallway & Bathroom Expectations

Quiz
•
6th - 8th Grade
20 questions
PBIS-HGMS

Quiz
•
6th - 8th Grade
10 questions
"LAST STOP ON MARKET STREET" Vocabulary Quiz

Quiz
•
3rd Grade
19 questions
Fractions to Decimals and Decimals to Fractions

Quiz
•
6th Grade
16 questions
Logic and Venn Diagrams

Quiz
•
12th Grade
15 questions
Compare and Order Decimals

Quiz
•
4th - 5th Grade
20 questions
Simplifying Fractions

Quiz
•
6th Grade
20 questions
Multiplication facts 1-12

Quiz
•
2nd - 3rd Grade