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INTERNATIONAL TRADE

Total questions: 15

Worksheet time: 13mins

Name
Class
Date
1.

International trade is the exchange of .....across international borders or territories, which could involve the activities of the government and individual.

a)

capital, goods, and services

b)

capital, good and service

c)

capital, good and servers

2.

In most countries, such trade represents a significant share of gross domestic product ( (a)   ).

3.

GDP is the abbreviation of ....

a)

gross domestic product

b)

green domestic product

c)

gross domestic production

4.

Trading globally gives consumers and countries the opportunity to be ..... new markets and products.

a)

exposed to

b)

expose on

c)

exposing to

5.

Some kinds of product can be found on the international market are ....

a)

tourism, banking, consulting

b)

banking, consulting and transportation

c)

clothes, spare parts, oil,

d)

clothes, tourism, oil,

6.

A product that is sold to the global market is an (a)  

7.

Imports and exports are accounted for in a country's current account in the ......

a)

balance of payments

b)

balance of pay

c)

payments of balance

8.

A product that is bought from the global market is an (a)  

9.

In principle, International trade (a)   from domestic trade as the motivation and the behavior of parties involved in a trade do not change fundamentally regardless of whether trade is across a border or not.

10.

International trade is also a branch of .....

a)

economics

b)

economical

c)

economic

11.

người nhập cư

(a)  

12.

kinh doanh quốc tế

a)

international trade

b)

internation trade

c)

international trader

13.

lãnh thổ (đất đai thuộc chủ quyền của một nước)

(a)  

14.

Instead ..... Chinese labor, the United States imports goods that were produced with Chinese labor.

a)

of importing

b)

to import

c)

in exporting

15.

Another difference between domestic and international trade is that factors of production such as capital and labor are typically ..... within a country than across countries.

a)

more mobile

b)

less mobile

c)

more pasive