
Understanding Tariffs and Their Impact
Interactive Video
•
Business
•
9th - 10th Grade
•
Hard
Jennifer Brown
FREE Resource
10 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the main concern regarding Trump's tariff plans?
They might lower the cost of goods.
They could increase the national deficit.
They could improve international relations.
They might lead to higher prices for everyday goods.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How do tariffs generally affect the cost of imported goods?
They make domestic goods more expensive.
They make imported goods cheaper.
They have no effect on the cost.
They increase the cost of imported goods.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What sectors might Trump's team focus on for targeted tariffs?
Tourism and travel
Luxury goods and fashion
Medical supplies and energy production
Education and research
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What might be a reason for Trump's team to scale back on sweeping tariffs?
To reduce the cost of imported goods
To prevent widespread price increases
To increase the national deficit
To improve relations with Mexico
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What could be a direct effect of tariffs on industrial materials?
Lower prices for cars and appliances
Increased availability of raw materials
No change in product prices
Higher prices for products relying on those materials
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What could be a consequence of not generating enough revenue from tariffs?
Reduction in national deficit
Increased funding for social programs
Potential cuts to social programs
Improved economic stability
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a potential trade-off of avoiding across-the-board tariffs?
Increased support for vulnerable communities
Stabilized inflation with reduced support for social programs
Improved economic growth
Higher inflation with increased social program funding
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