Worksheets3. Foreign Policy Review 23-24 (Civics)
Total questions: 23
Worksheet time: 12mins
When a country exports more than it imports
Exchange rate
Trade surplus
Quotas
Trade deficit
What are taxes on imported goods called?
Tariffs
Quotas
NSF Fees
Customs
When a country imports more than it exports
Trade Surplus
Trade Deficit
Trade Sanctions
Trade Exchange Rate
What is it called when a country limits the amount of goods from a foreign country that can be brought into and sold in their country?
Trade Embargos
Trade Quotas
Tariffs
Exchange Rate
When a country restricts trade through quotas, tariffs and other regulations this is called:
Globalization
Imperialism
Protectionism
Isolationism
The belief that barriers to trade, communication, and cultural exchange should be eliminated:
Globalization
Imperialism
Isolationism
Protectionism
When a country declines to enter into alliances, foreign economic commitments, foreign trade or treaties, this is called:
Globalization
Imperialism
Isolationism
Protectionism
What currency was created by the European Union as a common currency accepted by all members?
The Gyro
The Yolo
Dogecoin
The Euro
Which of these is not one of the reasons why nations trade?
To even out the balance of trade
To create jobs
To reflect comparative advantage
To obtain goods they cannot produce
Thanks to a new deal with Brazil that has cut tariffs on imported goods, local retail prices for three imported fruits, namely apples, kiwis and nectarines, should be cut by $3-$4 per pound.
National Security
Establishing Free Trade
Promoting World Peace
Supporting Democracy
Providing Aid to People in Need
Some politicians want to cease sending help to Libya and Egypt. But others say that we should not punish citizens of these countries that benefit and desperately need the food and money that we send.
National Security
Establishing Free Trade
Promoting World Peace
Supporting Democracy
Providing Aid to People in Need
"According to some U.S. diplomats in Afghanistan, some Taliban figures are ready to negotiate a deal that could put an end to the bloodshed in the Middle East. The deal involves a long-term U.S. military presence in Afghanistan to help assist their own military and police forces.
National Security
Establishing Free Trade
Promoting World Peace
Supporting Democracy
Providing Aid to People in Need
New measures and search procedures are being taken to detect new terrorist tactics in airports that have a large number of foreign passengers.
National Security
Establishing Free Trade
Promoting World Peace
Supporting Democracy
Providing Aid to People in Need
When he took office as the 40th president of the United States, Communism was spreading throughout the world and Ronald Reagan was convinced that it would disappear. because people would see the true power of government lies in the people.
National Security
Establishing Free Trade
Promoting World Peace
Supporting Democracy
Providing Aid to People in Need
What allows a country to have a comparative advantage when producing goods?
Free trade and tariffs
Being a member of the European Union
Resources and labor laws
Being a member of NAFTA
Which symbol is used on all test reviews posted on Google classroom?
🎃🎃🎃🎃🎃
🛸🛸🛸🛸🛸
👹👹👹👹👹
👽👽👽👽👽
Why don't quotas always work?
Foreign companies will build factories in the U.S.
Customers will still pay higher prices foreign products if they think it is worth it
Customers will travel to foreign countries to buy the products anyways
Foreign companies will create trade deals to get around them
Why don't tariffs always work?
Foreign companies will build factories in the U.S.
Customers will still pay higher prices foreign products if they think it is worth it
Customers will travel to foreign countries to buy the products anyways
Foreign companies will create trade deals to get around them
Which of these is not a benefit of being a member of the European Union?
No tariffs on your exported goods to other EU countries
No quotas on your exported goods to other EU countries
Citizens do not need passports to travel to other EU countries
Citizens do not have to pay toll bridges or roads to other EU countries
Which countries are part of NAFTA?
The U.S.A, Canada and Mexico
England, France and Spain
The U.S.A, England and France
Germany, Poland and Italy
What is the main argument in support of NAFTA?
Increased trade will stimulate economic growth
Jobs will be lost due to factories moving to foreign countries
Governments based on democracy tend to be more peaceful
People will save time and money by not needing passports
What is the main argument in opposition of NAFTA?
Increased trade will stimulate economic growth
Jobs will be lost due to factories moving to foreign countries
Minimum wage will not be able to keep up with inflation
Foreign businesses will open factories in the US
What is the main role of the World Trade Organization?
To eliminate tariffs and quotas
To provide aid to people in need
To settle trade disputes
To support the spread of democracy
