Economics Southeast Asia

Economics Southeast Asia

7th Grade

22 Qs

quiz-placeholder

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Economics Southeast Asia

Economics Southeast Asia

Assessment

Quiz

Social Studies

7th Grade

Medium

Created by

Lily Salter

Used 5+ times

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22 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Anything that slows down or prevents one country from exchanging goods with another.

Trade barriers

Specialization

Human capital

Entrepreneur

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The knowledge and skills that make it possible for workers to earn a living producing goods or services. The education and training of workers.

Capital Goods

Specialization

Tariff

Human Capital

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the amount of goods and services produced within a year divided by the total population of that country?

Gross Domestic Product

Human Capital

Per Capita GDP

Investment

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Some countries have a government with total control of the economy. The government decides which goods to produce. What term identifies this type of economic system?

Traditional

Command

Market

Public

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A way of limiting the amount of foreign goods that can come into a country.

Tariff

Quota

Embargo

Currency

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Those products a country makes best and are in demand on the world market.

Specialization

Trade Barriers

Tariff

Quota

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A system of changing from one type of currency to another.

Currency

Embargo

Human Capital

Exchange rate

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