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Economics Europe

Authored by Aaron Stinson

Geography

6th Grade

Used 986+ times

Economics Europe
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22 questions

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1.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

Media Image

Which of these European countries has the least economic freedom and most government control?

Germany

Russia

United Kingdom

North Korea

2.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

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Russia is best at producing and trading oil; Germany exports cars. What is this concept called?

Specialization

Tariff

Embargo

Quota

3.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

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What is a tariff?

Tax on imported goods

To stop trading with a business or country

A limit on imported goods

4.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

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A quota is a limit on an imported good. Which is an example of a quota helping local farmers?

Taxing corn from another country.

Allowing less corn to be bought from other countries' farms.

To stop buying corn from another country

5.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

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Russian government found deadly chemicals in German hamburgers. What will keep Russians safest?

An embargo against German hamburger meat producers

A tariff on German hamburgers

A quota on German hamburgers

Free trade with German hamburger producers

6.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

Media Image

You are on a trip to Germany. You swap your dollars for Euros. Why exchange currency?

To buy or sell goods in Germany; they won't take dollars.

Because dollars are worth the same as other currency

Because Euros are a great souvenir.

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In what economic systems do private citizens determine what to produce, how to produce it, and how to market it?

Traditional Economy

Market Economy

Command Economy

Mixed Economy

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