PBMF International Trade & Tariffs
Authored by Patricia Trubee
Social Studies, Business
7th - 12th Grade
Used 18+ times
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40 questions
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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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