Unit 4: International Trade

Unit 4: International Trade

12th Grade

32 Qs

quiz-placeholder

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Unit 4: International Trade

Unit 4: International Trade

Assessment

Quiz

Social Studies

12th Grade

Medium

CCSS
6.RP.A.3B

Standards-aligned

Created by

Lester Weaver

Used 19+ times

FREE Resource

32 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

Tariffs and quotas are designed to

promote third-world development

decrease prices consumers pay for goods

protect domestic industry

increase trade deficits

2.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

Revenue tariffs are levied to

increase imports

lower exports

raise money

protect domestic

producers

3.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

A persistent trade deficit causes

unemployment to

increase in import industries

unemployment to

increase in export industries

the dollar to grow

stronger

lower prices on

imported goods

4.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

Media Image

The U.S. has the largest trade deficit in merchandise with which area of the world shown in the table?

Canada

Australia, New Zealand, South Africa

Japan

OPEC

5.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

Media Image

With which area or areas shown in the table does the U.S. have a positive trade balance in merchandise?

OPEC

Canada

Western Europe

Australia, New Zealand, South Africa

6.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

Media Image

Based on the table, the European Union has its largest trade surplus with which region of the world?

North America

Asia

Russia and Eastern

Europe

Latin America

7.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

Media Image

Based on the table, what was the value of all the products that the European Union bought from Latin America?

$42.4 million

$11 million

$53.4 million

$63.2 million

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