Trade Exchange And Interdependence Quiz 8 (20 MCQs)

Quiz Instructions

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1. Why would a country want to begin using trade barriers such as tariffs or quotas?
2. Through the interaction of trade Afro-Eurasia shares?
3. The term Latin America comes from the ..... languages that are spoken in this area.
4. What do we call the difference between the value of exports and the value of imports?
5. What word does NOT refer to the exchange of goods and services
6. The reason Africans were used as slaves was because the ..... people died of diseases the ..... brought with them to the .....
7. Landlocked nations, or those with mountains, and rainforests ..... all of these are examples of .....
8. What is swap?
9. Using foreign resources instead of domestic resources
10. Example:In 2005, the United States limited the imports of Chinese textiles to 7.5% a year.
11. This account records a nation's imports and exports of goods, services, net investment income, and net transfers.
12. What is the difference between nations exports and imports?
13. In 1962, the United States prohibited all imports and exports to and from Cuba.
14. Country ProductGrenada Nutmeg, MaceJamaica Coffee, BauxiteBarbados SugarAntigua PineappleGuyana Bauxite, RiceTrinidad Asphalt, OilWhich country is most likely to export materials for fixing roads?
15. What would a free-trader most likely support?
16. Which European country has the GREATEST impact upon the religion and language of modern-day Brazil?
17. This is a type of protectionist trade that sets a physical limit on the quantity of a good that can be imported into a country in a given period of time.
18. There are ..... types under collection method
19. Purpose:To prevent too much of a good from entering a country
20. The following our included in the current account except