SS7E2

Which economic practice MOST helps African economies benefit from international trade?

• Specialization

• Generalization

• Raising interest rates

• Lowering inflation rates

Use the chart to answer the question.

Based on the information in the chart, which of these African nations would make the BEST trading partner for the United States?

• Angola

• Kenya

• South Africa

• Sudan

Determine which type of trade barrier is BEST illustrated in each example below.

Example: Nation A prohibits the import of all goods from Nation B.

• Embargo

• Quota

• Tariff

Determine which type of trade barrier is BEST illustrated in each example below.

Example: Nation A limits the number of imports from Nation B.

• Embargo

• Quota

• Tariff

Determine which type of trade barrier is BEST illustrated in each example below.

Example: Nation A places a tax on goods imported from Nation B.

• Emargo

• Quota

• Tariff

Kayla lives in Botswana. On a trip to South Africa, she sees a pair of shoes she wants to purchase from a merchant. The official currency of Botswana is the pula, while the official currency of South Africa is the rand. What will MOST LIKELY take place before Kayla purchases the shoes?

• Kayla will convert her pula into rand.

• Kayla will get a job in South Africa and earn rand.

• Kayla will be given a discount for using pula.

• Kayla will ask her government to approve the sale.