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Trade Exchange And Interdependence Quiz 6 (25 MCQs)

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1. The trend toward a world that is more interconnected by technology, trade, and travel
2. European Colonizers brought which group of people to the Americas to work as slaves?
3. Telegraphic Transfer is
4. How much one currency is worth when compared to another is known as a
5. What is a problem with exchanging currency?
6. Trade can be an effect. What is a cause of trade?
7. The United States has which of the following exchange rate regimes?
8. The Old World _____ and the New World _____
9. In order to help U.S. car companies sell more cars, some people want to put a limit on the number of cars imported from other countries. This is an example of (a)
10. Trade between two countries is called
11. Which of the following is a positive effect of the Columbian Exchange?
12. The price of imported goods is higher for domestic consumers.
13. Which religion did European conquerors bring to the indigenous people of Latin America?
14. What are the three political trade barriers?
15. The greater the country's level of economic development, the-
16. What did the Indians bring for gifts?
17. Which is not a part of the New World?
18. Inward looking trade strategy relies on:
19. It unifies petroleum prices in order to promote stability in the world oil market and to ensure a regular supply of petroleum to other countries.
20. What was the economic system used by Great Britain in which colonies were established in the Americas?
21. The _____ was when Europeans brought people from _____ to be slaves in the New World
22. How did most goods travel on the Silk Road?
23. Example:In 1990, the Japanese Government announced it would extend its voluntary limit on automobile exports to the United States.
24. A shortage of imported goods can increase the price for domestic consumers and they have fewer choices.
25. Tourism also promotes:
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