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Trade Exchange And Interdependence Quiz 1 (25 MCQs)

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1. Horses transformed the way these Native Americans lived. Now, they could _____
2. Restrictions on the amount of a good that can be imported into a country.
3. The commodities imported to India include petroleum and petroleum product are in percentage of
4. A tariff is a form of taxation on foreign products, while a quota is a/an _____ on imports from foreign countries
5. Constantinople is known today as?
6. Something that is assigned value and can be used to purchase goods and services in a market is known as
7. What food did people think were bad to eat?
8. An economy in which a centrally planned economic system is changing into a free market
9. Bombay Stock Exchange is the _____ largest stock exchange in the world.
10. Why might a country want to restrict trade from other countries?
11. Where does India gets its fuel needs?
12. What was a disease that was brought to the Americas from Europe?
13. A state of unevenness
14. What is an economic system, where African slaves were exchanged for raw materials, money, and finished goods? Those countries/continents involved included Ivory Coast (Africa), Europe, and the Americans.
15. What were the three reasons for European exploration?
16. Nostro account also known as
17. Desert, Rainforest, Mountains, Bodies of Water, Landlocked Countries, and Weather are examples of what?
18. An economy that has not become fully industrialized
19. How did Europeans justify enslaving Africans?
20. Anything that can prevent you from trading or slow trade down.
21. Changes in exchange rates affect which of the following?
22. If $ 1=0.87£, then how much would a pair of pants that costs 72£ cost in US dollars?
23. Which type of trade barrier involves a limit on goods brought into the country?
24. What term describes why bad weather in Eastern Europe would affect sugar prices in the United States?
25. To completely stop trade with another country is an example of what type of political trade barrier?
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