This is a product sent to a foreign country for sale
Chapter 7 - Global Economics

Quiz
•
Business, Education
•
9th - 12th Grade
•
Hard
Julianne Hogan
Used 3+ times
FREE Resource
27 questions
Show all answers
1.
FILL IN THE BLANK QUESTION
1 min • 5 pts
2.
FILL IN THE BLANK QUESTION
1 min • 5 pts
This is a product brought in for sale form a foreign country
3.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
An 18th century Scottish economist said that specializing in one good rather than several sparks trade between nations creating peace.
Jamie Fraser
Adam Smith
Samuel Birr
Edward Jones
4.
FILL IN THE BLANK QUESTION
1 min • 5 pts
The cost of one currency expressed in terms of another currency
5.
FILL IN THE BLANK QUESTION
1 min • 5 pts
Difference between value of a nation's exports and it's imports
6.
FILL IN THE BLANK QUESTION
1 min • 5 pts
Negative balance of trade occurs if country spends more on imports
7.
FILL IN THE BLANK QUESTION
1 min • 5 pts
Negative balance of trade occurs if country spends more on imports
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