Voluntary Trade and the Silk Road

Voluntary Trade and the Silk Road

7th Grade

15 Qs

quiz-placeholder

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Voluntary Trade and the Silk Road

Voluntary Trade and the Silk Road

Assessment

Quiz

Social Studies

7th Grade

Medium

Created by

Addison Stoll

Used 46+ times

FREE Resource

15 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

This is a tax placed on imported goods.

Tariff

Quota

Embargo

Trade Barrier

2.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

This is a limit placed on imported goods.

Tariff

Quota

Embargo

Trade Barrier

3.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

These are natural or man-made obstacles to voluntary trade.

Tariff

Quota

Embargo

Trade Barrier

4.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

This is when nations refuse to trade with a country at all.

Tariff

Quota

Embargo

Trade Barrier

5.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

This occurs when different countries choose to engage in the exchange of goods with one another.

Specialization

Voluntary Trade

Currency

Currency Exchange

6.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

When money from one country must be converted into the currency of another country to pay for goods in that country.

Specialization

Voluntary Trade

Currency

Currency Exchange

7.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

What does OPEC stand for?

Organization of Petroleum Excelling Countries

Oil Producing of the Equilibrium Countries

Organization of Petroleum Exporting Countries

Oil, Petroleum, and Excellent Countries

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