SS6E2 Specialization and Trade in Latin America

Quiz
•
Social Studies
•
6th Grade
•
Hard
Melissa Houghton
Used 16+ times
FREE Resource
15 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why is it important for nations to have a system to convert from one currency to another?
Converting currency makes it possible to buy and sell goods between countries with different types of money.
The dollar is the most valuable currency in the world.
Converting currencies makes goods cost less so more people are likely to trade.
It is not important because international trade can now occur with an exchange rate.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why does specialization make trade between countries easier?
There will always be a steady supply of goods on the market so trade is not needed.
Countries can produce what they make best and trade with others for what they need.
A country’s economy will never go through a difficult time if they specialize in a good.
The competition between countries will not exist without interdependance.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
6.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Specialization results in a country or region producing a _____________ variety of goods and services.
limited
greater
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