Global MCQ Practice

🌐 Total MCQ
Home > Economics > International > Trade > Trade Exchange And Interdependence – Quiz 9
🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books

Trade Exchange And Interdependence Quiz 9 (25 MCQs)

Quiz Instructions:

Select an option to see the correct answer instantly.

1. What caused Europe to acquire new business and trade practices?
2. Why does Eastern Europe produce far more sugar beets than they can consume?
3. Which of these is an example of a trade restriction?
4. To continually change
5. Every year Mr. Douglas sells 1000 tons of sugar to a company in England. Which word best describes Mr. Douglas?
6. What was a favorable balance of trade?
7. As native populations decreased in the Americas from sickness and overwork, Europeans looked for new sources of labor by enslaving the _____
8. When we exchange goods without the use of money, it is known as:
9. There was a high _____, or death rate.
10. What natural resource is Israel known for exporting?
11. Which of the following is India's notable exporting category?
12. A good brought in from another country is called _____
13. In economic terms, what is a trade barrier?
14. Indus Valley, _____, and Egypt civilizations bought and sold with one another.
15. A free-trade zone means:
16. What group of people suffered the most during the Columbian Exchange?
17. Many countries trade with Cuba because they have an abundance of sugar cane which allows them to export large amounts of sugar. What kind of service is this based on?
18. In which year did the North American Free Trade Agreement come into effect?
19. Can cause negative relationships between countries as it is usually enacted for political purposes to hurt a country economically.
20. In which country would it be most difficult for a person to start a business?
21. The rise in percentage shares of secondary and tertiary sectors in GDP and the corresponding fall in the percentage share of the primary Sector is called:
22. The producer does all the following, except:
23. A country is trying to build by a nuclear arms program that might threatened national security. What is the BEST trade barrier option against that country?
24. What are goods called that are brought into one country from another?
25. Cash crops in the English colonies such as tobacco, rice, and indigo were sold in Europe in exchange for manufactured goods that _____ _____ be produced in the colonies.
← PreviousNext →

Related Quizzes

🏠 Back to Homepage 📘 Download PDF Books 📕 Premium PDF Books