NEW
Font size
WorksheetsPrinciples of Entrepreneurship Week 4- Quiz 4
Total questions: 11
Worksheet time: 6mins
Business activity in which goods and services are sent from a country and sold to foreign consumers.
Fair Trade
Exporting
Tariff
Quota
Local Economy
Policy of ensuring that small producers in developing nations earn sufficient profit on their exported goods to improve their working, environmental, and social conditions.
Fair Trade
Exporting
Tariff
Quota
Local Economy
Value of one currency unit in relation to another.
Tariff
Importing
Exporting
Foreign Exchange Rate
Quota
Flow of goods services around the whole world.
Exporting
Global Economy
Sustainable Economic Development
Importing
Foreign Exchange Rate
Business activity in which goods and services are brought into a country from foreign suppliers.
Exporting
Global Economy
Sustainable Economic Development
Importing
Foreign Exchange Rate
Economy that covers a limited area, such as a community or town.
Fair Trade
Foreign Exchange Rate
Sustainable Economic Development
Local Economy
Trade Barrier
Limit on the quantity of a product that can be imported into a country
Fair Trade
Exporting
Tariff
Quota
Local Economy
Another term for sustainable economic development
Trade Barrier
Sustainability
Exporting
Tariff
Fair Trade
Economic development that does not harm society or the environment. It ensures that human and natural resources are maintained for future generations
Exporting
Global Economy
Sustainable Economic Development
Importing
Foreign Exchange Rate
Fee, similar to a tax, that importers must pay on the goods they import.
Tariff
Importing
Exporting
Foreign Exchange Rate
Quota
Governmental restriction on international trade.
Trade Barrier
Sustainability
Exporting
Tariff
Fair Trade
