
Economics Post Test
Authored by Summer Trotman
History
6th - 8th Grade
Used 11+ times

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26 questions
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1.
MULTIPLE CHOICE QUESTION
15 mins • 1 pt
If the United States stop ALL trade with Mexico, what type of trade barrier is this?
Tarrif
Embargo
Quota
2.
MULTIPLE CHOICE QUESTION
15 mins • 1 pt
Which question is NOT one basic question of economics?
What to produce
How to produce
For whom to produce
What goods and services are available?
3.
MULTIPLE CHOICE QUESTION
15 mins • 1 pt
If the United States places a tax on imported or exported goods, this is an example of which trade barrier?
Tariff
Embargo
Quota
Command Economy
4.
MULTIPLE CHOICE QUESTION
15 mins • 1 pt
The total dollar value of the goods and services produced in one year.
national income
Gross Domestic Product
Gross Dog Picture
net domestic product
5.
MULTIPLE CHOICE QUESTION
15 mins • 1 pt
The talent and skill of people.
Human Capital
Capital Good
Natural Resource
Entrepreneurship
6.
MULTIPLE CHOICE QUESTION
15 mins • 1 pt
Goods and services sold and shipped to other countries and regions.
Goods
GDP
exports
natural resource
7.
MULTIPLE CHOICE QUESTION
15 mins • 1 pt
When a region or country specializes and produces certain goods and services and sells them in other countries and regions this is called....
Quantity
Tarrif
Specialization
Currency
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