International Trade Quiz

International Trade Quiz

University

10 Qs

quiz-placeholder

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International Trade Quiz

International Trade Quiz

Assessment

Quiz

Business

University

Medium

Created by

Asia Wisdom

Used 1+ times

FREE Resource

10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

3 types of trade barriers include:

embargo, race, ethnicity

tariffs, quotas, embargo

WTO, IMF, ICC

tariff, blocs, trade

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The longest running embargo is?

Russia's embargo on the US

The US embargo on Cuba

Cuba's embargo on Italy

Jamaica's embargo on Australia

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Agreements between two countries are known as?

Multilateral

Tariffs

Bilateral

Free Trade Agreement

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Canada placed a tariff on the following countries for importing steel and aluminium: EU, China and United States

true

false

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What best defines trading blocs?

Agreement between different governments around the world

Import and Export between countries

Persuasion of trade between countries by the removal of trade barriers

two countries coming together as one

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the name of the trade bloc established in the Caribbean?

FTA

CARIBANA

CARIFTA

Treaty of Chaguaramas

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

FTA, common Markets, Economic Union and Customs Union are types of trading blocs

true

false

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