WorksheetsSE Asia Gov and Econ Review
Total questions: 10
Worksheet time: 9mins
What are the three economic questions that every country must answer?
What to produce, How to produce, and for whom to produce
Who, What, When, Where, and Why
How do we make the most money?
Most democratic nations have _______ economies.
mixed
traditional
command
market
Japan's head of state is ceremonial and has very little power. He is the
Emperor
Presidential
Prime Minister
King
Who is allowed to vote in Japan’s elections?
Only male citizens
Citizens who have completed 12 years of school
Citizens over the age of 18
Citizens over the age of 20
A tax on imported goods is which trade barrier?
tariff
embargo
quota
restraint
Putting a limit on how much product will be imported is which trade barrier?
tariff
quota
embargo
restraint
What is the main political party in China?
Democratic Party
Republican Party
Communist Party
People's Party
Most economic decisions in North Korea are made by:
Korean industrial leaders
North Korean Parliament
Korean people
Premier Kim Jong-il
Why does specialization make trade between countries easier?
There will always be a steady supply of goods on the market so trade is not needed.
Countries can produce what they make best and trade with others for what they need.
A country’s economy will never go through a difficult time if they specialize in a good.
The competition between countries will not exist.
