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S3 Economics Final Revision

Total questions: 31

Worksheet time: 39mins

Name
Class
Date
1.

Providing scholarships for people with less opportunities.

a)

Social roles

b)

Administrative roles

c)

Educational roles

d)

Economic roles

2.

Creating equality in politics.

a)

Social roles

b)

Administrative roles

c)

Economic roles

d)

Educational roles

3.

Promoting international trade and investment.

a)

Social roles

b)

Administrative roles

c)

Educational roles

d)

Economic roles

4.

Developing people to have quality virtue and be well rounded.

a)

Social roles

b)

Administrative roles

c)

Educational roles

d)

Economic roles

5.

Government provides training to people who are not studying and not working.

a)

Social roles

b)

Administrative roles

c)

Educational roles

d)

Economic roles

6.

Supporting research to increase abilities on production, technology and development.

a)

Social roles

b)

Administrative roles

c)

Educational roles

d)

Economic roles

7.

Allowing freedom to own property and to make a decision.

a)

Social roles

b)

Administrative roles

c)

Educational roles

d)

Economic roles

8.

Distributing power to locality and community.

a)

Social roles

b)

Administrative roles

c)

Educational roles

d)

Economic roles

9.

Promoting peaceful coexistence.

a)

Social roles

b)

Administrative roles

c)

Educational roles

d)

Economic roles

10.

The government ensure that people throughout the country have access to equal quality of education.

a)

Social roles

b)

Administrative roles

c)

Educational roles

d)

Economic roles

11.

Encouraging growth for an increase in income.

a)

Social roles

b)

Administrative roles

c)

Educational roles

d)

Economic roles

12.

It refers to a condition that the average price of goods and services has increased.

4 lines
13.

It refers to a condition that prices of goods and services keep decreasing.

4 lines
14.

It refers to a condition in which people of working age group (15-60 years old) who are not capable and willing to work, have no jobs.

4 lines
15.

What does EU stands for?

a)

European University

b)

European Union

c)

Europe Unity

d)

Europe Union

16.

EU's main purpose is

a)

to create and direct the global, political, economic stability

b)

to allow for collective bargaining between its member nations

c)

to help Middle Eastern nations re-build

d)

to fight against terrorism

17.

The European Union was created after WWII to foster

a)

economic cooperation

b)

infrastructure projects

c)

positive relations between fighting countries

d)

help resolve conflicts economically and politcally

18.

What is NAFTA?

a)

economic cooperation in North America

b)

An annual meeting in London that focuses on Africa

c)

A climate change conference

d)

A forum on government transparency

19.

Which of these are NOT part of the aims of APEC?

a)

develop a trade system

b)

promote the circulation of goods

c)

Global health

d)

support expansion of the economy

20.

The ASEAN was created:

a)

To dominate the world and punish people harshly

b)

To make sure countries like the Vatican and Palestine have a vote

c)

To promote cooperation in the areas of economy, society etc

d)

To have meetings one time a year on world issues

21.

The ASEAN helps with issues related to:

a)

culture

b)

Society

c)

Peace and stability

d)

All of the above

22.

OPEC's main goal is to:

a)

keep oil prices high

b)

keep oil prices stable

c)

control oil drilling sites

d)

keep oil exporting prices low

23.

The purpose of the World Trade Organization is to:

a)

ensure that global trade commences smoothly, freely and predictably

b)

create more jobs

c)

increase the standard of living for all member countries

d)

settle humanitarian and economic disputes between countries

24.

APEC was created to promote:

a)

free trade between Pacific nations

b)

economic cooperation and integration in the Pacific region

c)

humanitarian rights throughout the Pacific nations

d)

peace, love, and prosperity

25.

APEC is the acronym for:

a)

Asia Pacific Economic Cooperation

b)

American Political Economic Cooperative

c)

Atlantic Political Emergence of Countries

d)

American Petroleum and Energy Coop

26.

OPEC is an acronym for:

a)

Oil Producing Economic Countries

b)

Organization of Petroleum Exporting Countries

c)

Organization of Pacific Economic Cooperation

d)

Oil, Petroleum, and Energy Countries

27.

ASEAN was founded on August 8, 1967 which composed of 9 member countries.

a)

TRUE

b)

FALSE

28.

EFTA stands for?

a)

European Free Trade Academy

b)

European Free Trade Association

c)

Europe Free Trade Association

d)

European Fair Trade Association

29.

What is NAFTA?

a)

economic cooperation in North America

b)

An annual meeting in London that focuses on Africa

c)

A climate change conference

d)

A forum on government transparency

30.

What is the role of ASEAN?

4 lines
31.

Supporting and developing the government sector to be efficient and have a good governance.

a)

Social roles

b)

Administrative roles

c)

Educational roles

d)

Economic roles