Chapter 28: International Economy

Assessment

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Dean Hoss

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Other

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10th - 11th Grade

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283 plays

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8 questions

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1.

Multiple Choice

30 sec

1 pt

What limits the amount of products imported

Tariff

Quota

Embargo

Trade ceiling

2.

Multiple Choice

30 sec

1 pt

What is the difference between the value of imports and the value of exports

Balance of trade

Trade differential

Trade deficit

Trade surplus

3.

Multiple Choice

30 sec

1 pt

What is the name of a company that does business and has facilities in many countries?

World Business

Multinational Corporation

World Power

None of the above

4.

Multiple Choice

30 sec

1 pt

Goods and services one country BUYS from another country.

Imports

Exports

Trade

National Purchase

5.

Multiple Choice

30 sec

1 pt

Goods and services one country SELLS to another country.

Imports

Exports

Trade

National Purchase

6.

Multiple Choice

30 sec

1 pt

The sales and exchange of goods and services between a buyer and a seller.

Imports

Exports

-

National Purchase

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