WorksheetsChapter 3. World Trade: An Overview
Total questions: 10
Worksheet time: 5mins
In 2020, with an export value of more than $2.5T, ____ ranked 1st in the list of biggest merchandise exporters.
China
Germany
Japan
USA
What country is the 3rd largest exporter and importer of merchandise in 2020?
USA
United Kingdom
Germany
Netherlands
Vietnam's biggest merchandise export partner in 2019 is ____, with a share of 23.2%.
Hong Kong
China
Korea
United States
Why is distance between 2 countries is a matter in the value of trade between 2 countries?
Distance between market incurs transportation costs
Distance influences communication
Distance influences personal contact
All answers are correct
According to WTO & UNCTAD statistics, ____ has the highest volume of export in Q3/2020.
Asia
Europe
North America
Others
Netherlands is a big trading partner of the US, as Rotterdam port in the country is the most important access to Europe.
This is an example of ____ matter in the Gravity model.
geography
border
cultual affinity
GDP
_____ and ____ are two FTAs that were signed in 2020 by Vietnam and its partners.
RCEP - EVFTA
EVFTA - CPTPP
ATIGA - AANZFTA
RCEP - UKVFTA
In 2003, a large fraction of the volume of trade came from _____.
services
agricultural products
manufactures
mineral products
Until Q3 2020, ____ is the biggest exporter and importer of commercial service.
China
Germany
India
United States
3 of the top 10 exporting products from Vietnam are ____.
Cotton, footwear, furniture
Footwear, articles of apparel, seafood
Cereals, seafood, toys
Electrical machinery and equipment, ceramic products, edible fruit
