Global Economy
Quiz
•
Social Studies
•
8th Grade
•
Hard
John Robinson
FREE Resource
15 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
As a result of globalization, there is more interdependence among countries.
TRUE
FALSE
2.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Apple, Nike, and Toyota are examples of __________.
market economies
trade barriers
multinational corporations
3.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
The __________ provides loans for large projects in countries that need them, but might not otherwise be able to pay for them.
Salvation Army
World Health Organization
World Bank
4.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
A tax that must be paid on imported items
quota
tariff
embargo
5.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Why would a country impose a tariff or quota on imported goods?
to raise the price of imported goods and encourage people to buy local
to raise the price of imported goods to help other countries make more money
6.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
The process in which countries are linked to one another through culture and trade is called globalization.
TRUE
FALSE
7.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Sending goods to another country to sell.
import
export
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