WorksheetsMake-up and Retake Poverty...USMCA Quiz
Total questions: 43
Worksheet time: 22mins
Name
Class
Date
1.
North American Free Trade Agreement
a)
standard of living
b)
economists
c)
tariff
d)
NAFTA
e)
USMCA
2.
United States, Mexico, and Canada Agreement
a)
standard of living
b)
economists
c)
tariff
d)
NAFTA
e)
USMCA
3.
The level of financial and material goods available to citizens
a)
standard of living
b)
economists
c)
tariff
d)
NAFTA
e)
USMCA
4.
A person who studies and analyzes the economy
a)
standard of living
b)
economist
c)
tariff
d)
NAFTA
e)
USMCA
5.
USMCA was an agreement between which countries?
a)
America, Cuba, and Mexico
b)
Mexico and Canada
c)
Mexico, Canada, and the United States
d)
Mexico, Colombia, and Canada
6.
What did USMCA do?
a)
Increased working regulations for women
b)
Tariffs on dairy
c)
Tariffs on steel
d)
All of the above
7.
What was the main purpose of NAFTA?
a)
To lower the standard of living of all citizens
b)
To maintain the standard of living of all citizens
c)
To raise the standard of living of all citizens
d)
None of the above
8.
Economists believe that USMCA has benefitted the USA
a)
True
b)
False
9.
Which will the USMCA do for our economy over the years?
a)
Grow the economy
b)
Stall the economy
c)
Decline the economy
d)
Destroy the economy
10.
It makes sense for a country to produce everything that it is capable of.
a)
True
b)
False
11.
Successful and profitable
a)
prosperity
b)
voluntary trade
c)
trade
d)
specialization
e)
mutually beneficial
12.
helps and has a positive impact on both countries
a)
mutually beneficial
b)
voluntary trade
c)
trade
d)
prosperity
e)
specialization
13.
focusing or concentrating on a specific range of products and services that can be produced in a cost effective manner
a)
specialization
b)
voluntary trade
c)
trade
d)
prosperity
e)
mutually beneficial
14.
A market in which buyers and sellers have the right to buy and sell freely
a)
voluntary trade
b)
trade
c)
prosperity
d)
specialization
e)
mutually beneficial
15.
The ability to survive on only what is available
a)
self-sustaining
b)
voluntary trade
c)
trade
d)
prosperity
e)
specialization
16.
Which is the best description of a successful economy?
a)
Mutually beneficial
b)
Strong trade partners
c)
Voluntary
d)
All of the above
17.
Which is the best description of specialization?
a)
Voluntary trade
b)
Having many trade relationships
c)
offering free trading
d)
Focusing on a range of products that are readily available
18.
How should a country produce goods and services to trade?
a)
Cheaply
b)
Quickly
c)
Cost effectively and efficiently
d)
Having many trade relationships
19.
Which is the best description of voluntary trade?
a)
A market where buyers have all the power
b)
A market where sellers have all the power
c)
A market where buyers and sellers have the right to trade freely
d)
A trading system where people volunteer in factories to keep the cost down
20.
Money that is used within a specific area or country
a)
currency
b)
exchange
c)
Real
d)
Balboa
e)
exchange rate
21.
The rate at which one currency is exchanged for another
a)
exchange rate
b)
exchange
c)
Real
d)
Balboa
e)
Peso
22.
Trading one thing for another
a)
exchange
b)
Real
c)
Balboa
d)
exchange rate
e)
Peso
23.
Currency used in Mexico
a)
Peso
b)
exchange
c)
Real
d)
Balboa
e)
exchange rate
24.
Currency used in Brazil
a)
Real
b)
exchange
c)
Balboa
d)
exchange rate
e)
Peso
25.
The majority of the nations in Latin America have the same currency
a)
True
b)
False
26.
What makes currency trade fair?
a)
Exchange rates
b)
Limited trade
c)
No regulation
d)
Farming
27.
Countries must be able to trade ___________ because they trade goods and services.
a)
pesos
b)
stories
c)
currency
d)
rates
28.
The countries along the Andes Mountains
a)
Andean
b)
emigrate
c)
narco-terroism
d)
rural
e)
Latino
29.
An arrangement between people who benefit from a certain trade
a)
cartel
b)
emigrate
c)
narco-terroism
d)
rural
e)
Andean
30.
To move for another country for job opportunities
a)
emigrate
b)
narco-terroism
c)
rural
d)
Andean
e)
Latino
31.
A person of Latin American descent
a)
Latino
b)
emigrate
c)
narco-terroism
d)
rural
e)
Andean
32.
Violence associated with illegal drug trade
a)
narco-terroism
b)
emigrate
c)
rural
d)
Andean
e)
Latino
33.
The process of gaining citizenship in another country legally
a)
naturalization
b)
emigrate
c)
narco-terroism
d)
rural
e)
Andean
34.
A geographic area associated with the drug trade
a)
Andean
b)
emigrate
c)
narco-terroism
d)
rural
e)
Latino
35.
The economic and social status of individuals
a)
socioeconomic
b)
emigrate
c)
narco-terroism
d)
rural
e)
Andean
36.
The illegal transport of people or illegal drugs
a)
trafficking
b)
emigrate
c)
narco-terroism
d)
rural
e)
Andean
37.
Limited education typically leads to:
a)
High quality, high paying jobs
b)
Low quality, low paying jobs
c)
Higher loans
d)
Long commutes
38.
What is limited in Latin America?
a)
Resources, jobs, and healthcare
b)
Satellite television
c)
Internet
d)
Affordable housing
39.
Many Latin Americans have _________________ socioeconomic status compared to developed parts of the world.
a)
High
b)
Low
c)
Average
d)
None of the above
40.
What is a major region for illegal drug trafficking and manufacturing?
a)
Appalachian
b)
Andean
c)
Everest
d)
Africa
41.
What makes the war on drugs difficult in certain areas of Latin America?
a)
Government corruption
b)
It is not difficult
c)
The war on drugs is over
d)
President Clinton won the war
42.
Cartels are often violent
a)
True
b)
False
43.
Immigration to the United States is done both legally and illegally.
a)
True
b)
False
100 %
