SGS Business 2.1.4 Business and Globalisation

SGS Business 2.1.4 Business and Globalisation

9th - 11th Grade

21 Qs

quiz-placeholder

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SGS Business 2.1.4 Business and Globalisation

SGS Business 2.1.4 Business and Globalisation

Assessment

Quiz

Business

9th - 11th Grade

Practice Problem

Medium

Created by

Richard Beels

Used 52+ times

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21 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An import is a

Good/service brought into a country
Good/service sent to another country
Good brought into a country

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An export is a

Good/service brought into a country
Good/service sent to another country
Good brought into a country

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a tariff?

A fee added to imports
A certain quantity of goods that are allowed to be brought in
Government giving money to or helping manufacturers

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Foreign exchange is

Buying goods in a foreign country
A company that buys and sells currency
Buying and selling the currencies used in other countries

5.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Something people use is called  ____________.

a Need
a Resource
an Export

6.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

The definition of TRADE is __________________.

Importing goods
to buy or sell goods or services
Exporting goods

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Define the acronym for W. T. O. 

World Top Organizatioin
World Trade Organization 
Warehouse Trade Operation 

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