Unit 4: International Trade

Quiz
•
Social Studies
•
12th Grade
•
Medium
Standards-aligned
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
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
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
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
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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