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- 1. Multiple ChoiceWatches made in Norway are worn by people in California.importexport
- 2. Multiple ChoiceTires made in Tennessee factories are used on cars in Europe.importexport
- 3. Multiple ChoiceDiamonds found in South Africa are used to make rings in Maine.importexport
- 4. Multiple ChoiceChairs made in North Carolina are flown to Mexico.importexport
- 5. Multiple ChoiceJewelry from Brazil is sold in stores in Utah.importexport
- 6. Multiple ChoiceShrimp caught off the coast of Maine are flown to Asia.importexport
- 7. Multiple ChoiceBaseball bats made in Kentucky are used by baseball players in Japan.importexport
- 8. Multiple ChoiceComputers made in China are used by students in Texas.importexport
- 9. Multiple ChoiceClay pots made in Arizona are used by families in India.importexport
- 10. Multiple ChoiceWheat grown in Iowa is used to make cereal in South America.importexport
- 11. Multiple ChoiceThe definition of TRADE is __________________.Importing goodsto buy or sell goods or servicesExporting goods
- 12. Multiple ChoiceThe United States EXPORTSKangaroosAirplanesCocoa Beans
- 13. Multiple ChoiceThe United States IMPORTSCornAirplanesToys
- 14. Multiple ChoiceWhy does the United States need to import products?The US does not import productsSome are easier and cheaper to make in other countriesThe US makes all of its own products
- 15. Multiple ChoiceImport meansbuying goods from another countryselling goods to another countryonly making one kind of product
- 16. Multiple ChoiceExport meansbuying goods from another countryselling goods to another countryonly making one kind of product
- 17. Multiple ChoiceWhat would be one consequence of a prolonged decline in the value of the euro relative to the U.S. dollar?European exports to the United States would become less expensive.U.S. exports to Europe would become cheaper.European imports from the United States would increase.U.S. imports from Europe would become more expensive.U.S. imports from Europe would become more expensive.
- 18. Multiple ChoiceHow does this agreement negatively affect the U.S. economy? Use the information below to answer the question.
Under the North American Free Trade Agreement (NAFTA), the last restrictions on U.S.–Mexican agricultural trade were removed in 2008. Between 2007 and 2008, the value of agricultural exports to Mexico increased by 23%, and the value of imports from Mexico increased by 26% for the main commodities that had been subject to those restrictions.U.S. consumers will pay higher prices for Mexican products.U.S. farmers will experience more competitionU.S. agricultural production will become less efficient.U.S. foreign relations with Mexico will suffer. - 19. Multiple Choice
What is the GDP of the U.S.?
5 Trillion Dollars
12 Trillion Dollars
1 Trillion Dollars
18 Trillion Dollars
- 20. Multiple Choice
China is known as:
The red invasion
The communist threat
The world's factory
The best economic system
- Answer choicesTagsAnswer choicesTags