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All about Trade

Total questions: 7

Worksheet time: 4mins

Name
Class
Date
1.

What is Trade?

a)

Trade is the buying and selling of goods and services.

b)

Trade is when we buy goods and services.

c)

Trade is when we sell goods or services.

2.

What is importing?

a)

Importing is when we send goods and services.

b)

Importing is when we bring goods and services into a country.

3.

What is exporting?

a)

Exporting is when we send goods and services to another country.

b)

Exporting is when we buy goods and services from another country.

4.

How big is the Port of Rotterdam?

a)

Rotterdam port is the biggest in the world.

b)

Rotterdam port is the largest port in Europe.

c)

Rotterdam port is the 6th largest port in the world.

d)

Rotterdam port is the 4th largest port in the world.

5.

What type of industry provides a person's skill to help others?

a)

Job industry

b)

Resource industry

c)

Service industry

6.

Why might a country decide to import goods from another country?

a)

It's more expensive

b)

It's cheaper

c)

It's easier to transport

7.

What are the UK' biggest trade partners?

a)

Netherlands, Germany and France

b)

China, Germany and and Spain

c)

USA, China and Germany

d)

Spain, Iceland and China