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WorksheetsSS Quiz Economics of Latin America
Total questions: 18
Worksheet time: 9mins
A limit that is placed on the number of imports that may enter a country is...
Specialization
Quota
Human Capital
Embargo
Work that's divided into parts for workers, factories, or countries to become expert at producing certain goods is...
Specialization
Quota
Trade Barrier
Human Capital
The voluntary exchange of goods and services among people and countries benefiting both parties is...
NAFTA
Trade Barrier
Trade
GDP
Ways of limiting trade by tariffs, quotas, ot embargoes is...
Trade Barrier
NAFTA
Trade
Embargo
A tax on imports is...
Tariff
Trade Barrier
Embargo
Quota
A goverment order stopping trade with another country to put pressure on the goverment of that country is...
Tariff
Trade Barrier
Embargo
Quota
Workers of business or country including their education, training, skills, and government of thay other country is...
Bandito
Embargo
Human Capital
the price of one nation's currency in terms of another nation's currency.
Exchange Rate
Bendy Toe
Reals
NAFTA
Reals are brazilian currency
True
False
Pesos are only Mexican currency
True
False
NAFTA is..
currency.
a limit that's placed on the number of imports that may enter a country.
North American Free Trade Agreement, which was signed in 1994 by the United States, Canada, and Mexico eliminating tariffs between 3 countries.
Your mother
Literacy Rate is the percentage of a country's people who can read and rate.
True
False
the economic living achieved by a person, familt, and country.
Standard of Living
Literacy Rate
Human Capital
Pesos
GDP is...
Gross Domestic Product, the total value of all the final goods and services produced in a country in one year.
Gross Domestic Product, the total value of all the final goods and services produced in a country in two years.
Goods which include factories, machines, technologies, buildings, and property needed for a business to operate.
Capital Goods
Literacy Rate
Human Capital
Entreprenuership is one who risks his/her own money, time, ideas, and energy to start and run a business.
True
False
The costs related to running a business are..
Expenses
Quota
Reals
Pesos
Profit is..
money left after business expenses are subtracted from business income.
Gross Domestic Product, the total value of all the final goods and services produced in a country in one year.
Brazillian Currency
