Chapter 7 - Global Economics

Chapter 7 - Global Economics

9th - 12th Grade

27 Qs

quiz-placeholder

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Chapter 7 - Global Economics

Chapter 7 - Global Economics

Assessment

Quiz

Business, Education

9th - 12th Grade

Hard

Created by

Julianne Hogan

Used 3+ times

FREE Resource

27 questions

Show all answers

1.

FILL IN THE BLANK QUESTION

1 min • 5 pts

This is a product sent to a foreign country for sale

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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