PBMF International Trade & Tariffs

PBMF International Trade & Tariffs

7th - 12th Grade

40 Qs

quiz-placeholder

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PBMF International Trade & Tariffs

PBMF International Trade & Tariffs

Assessment

Quiz

Social Studies, Business

7th - 12th Grade

Hard

Created by

Patricia Trubee

Used 18+ times

FREE Resource

40 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Export means
buying goods from another country
selling goods to another country
only making one kind of product

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A tax placed on imports
Quota
Duty Tax
Protectionism
Tariff

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the primary purpose NAFTA?
To reduce trade barriers among the US, Canada, and Mexico
To reduce trade barriers among Central America and Mexico
To reduce trade barriers among Brazil and Mexico
To encourage free trade between the US, Europe, and Canada

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The most serious type of trade barrier.
Quota
Excise Tax
Tariff
Embargo

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The belief in using trade barriers to discourage the importation of foreign goods.
Tariff
Protectionism
Import Quota
Export

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When a nation imports more than they export, that nation has a
Free trade agreement
Trade surplus
Trade deficit
Trade free economic system

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Goods or services that a country sells to other nations
Duty
Tariff
Export
Import

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