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Europe Economics Quiz

Total questions: 13

Worksheet time: 7mins

Name
Class
Date
1.

On the economic continuum, the United Kingdom is closer to

a)

Traditional

b)

Command

c)

Market

d)

Pure Command

2.

On the economic continuum, Russia is closer to

a)

Command

b)

Market

c)

Traditional

d)

Pure Market

3.

Even though Russia is closer to command on the continuum, the country will allow

a)

the European Union to make economic decisions for Russia

b)

producers and consumers to choose what, how and for whom to produce

c)

aerospace, shipping and oil companies to be freely owned

d)

None of the Above

4.

Most Likely if a country has a high literacy rate they will also have a

a)

low Gross Domestic Product

b)

low standard of living

c)

high standard of living

d)

membership with the European Union

5.

A country with a high literacy rate most likely has a high

a)

Gross Domestic Product

b)

natural resource

c)

farmable land

d)

illiterate population

6.

An example of a country with a high literacy rate and low standard of living is

a)

United Kingdom

b)

Russia

c)

United States

d)

Germany

7.

Which country does NOT have about a 100% literacy rate?

a)

Russia

b)

United Kingdom

c)

Germany

d)

Afghanistan

8.

Which is NOT an advantage of the European Union?

a)

Free-Trade Zone

b)

Spread communism across Europe

c)

Common Currency (Euro)

d)

Free to move to European Union countries

9.

Common currency used in the European Union.

a)

Euro

b)

Dollar

c)

Peso

d)

Dinar

10.

Which would decrease trade between member countries in the European Union?

a)

Euro

b)

No Tariffs

c)

Allowing countries to impose tariffs on one another

d)

Allowing free movement of goods and people

11.

Britain leaving the European Union.

a)

Exit Britain

b)

Brexit

c)

Britain Leaving

d)

The Great Migration

12.


Which statement is a reason the United Kingdom should leave the European Union?

a)

The EU helps United Kingdom tackle security threats

b)

The EU makes trade easy for the United Kingdom

c)

European business invest billions of dollars into the United Kingdom

d)

The United Kingdom will restore full border control

13.

Which statement is a reason the United Kingdom should remain in the European Union?

a)

Free trade within the EU reduces barriers and allows companies to grow.

b)

The United Kingdom will not have to pay EU membership dues.

c)

The United Kingdom will have more immigration control.

d)

The United Kingdom will save money and use it for programs