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WorksheetsLatin American Government & Economy Review
Total questions: 18
Worksheet time: 9mins
Which best describes how the North American Free Trade Agreement encourages trade between member countries?
It sets quotation items member countries can trade.
It puts tariffs in place to slow trade with nonmember countries.
It reduces trade barriers and increases trade between member countries.
It allows member countries to decide what other countries can trade.
What is one goal of the North American Free Trade Agreement?
to remove tariffs
to create a military
to adapt a language
to make a new currency
Which form of government puts the power in a single person?
autocracy
democracy
oligarchy
confederation
Which is true about a democracy?
Leaders are elected by citizens
Citizens do not vote for their leaders
King or Queens rule autocratically in a democratic government
Laws created in a democracy are more likely to protect the parliament
Which country does not use a presidential democracy?
United States
Mexico
Brazil
Cuba
Which type of government exists in Cuba?
dictatorship
monarchy
parliamentary democracy
presidential democracy
One way that Mexico's government is different from the United States' government is that ______.
the president is the chief executive
the legislature is called the Congress
citizens 18 years old and over may vote
president can only serve one six-year term
Which statement about political parties is true about Cuba?
There are many political parties
There is only one legal political party
The leader of a political party cannot be president
Those running for office may not be in the Communist
Which country requires most adults to vote?
Brazil
Cuba
Mexico
United States
Citizens of which country are considered to have the least freedom?
Brazil
Cuba
Mexico
United States
Which pair of countries has governments that are most similar?
Brazil and Cuba
Mexico and Cuba
Brazil and Mexico
Cuba and the United States
As with any small island country, Cuba has fewer natural resources than countries such as Brazil. This affects their trade in that Cuba ____.
exports a wide variety of products because they have so few resources.
should import fewer products because they have so few resources
needs to import more products because they do not have all the resources they need
does not import or export
The limit on how many items can be imported into a country is the ___.
demand
quota
supply
tariff
The economic system of communist countries is most closely related to which of the following:
command economy
market economy
traditional economy
mixed economy
What three economic questions are asked when studying the similarities of traditional, command, market and mixed economies among nations of the world?
What to produce, why to produce, when to produce?
What is your opportunity cost, what economic resources are needed, why should these resources be used?
What to produce, how to produce, for whom to produce?
What is your opportunity cost, why are economic resources needed, when should these resources be used?
The relationship between literacy rate and standard of living in Latin America is _____.
literacy rate has not effect on the standard of living
the higher the literacy rate the higher the standard of living
the standard of living is independent of literacy rate
low literacy rate creates a higher standard of living
Economic decisions based customs and beliefs are found in a ______.
market economy
free enterprise system
traditional economy
command economy
In a command economy, economic decisions are made by the ____.
consumers
market
government
producers
