Southwest Asia Pre-quiz
12 Questions
| Total Attempts: 96
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Pre-Quiz dealing with trade barriers, OPEC, Specialization, and some Geography.
Questions and Answers
- 1.Fees or duties imposed on imported or exported goods are?
- A.
Stamp Tax
- B.
Sanction
- C.
Tariff
- D.
Trade Agreement
- 2.A limit on the number of units that can be imported is a
- A.
Tariff
- B.
Limit
- C.
Sanction
- D.
Quota
- 3.What is it called when a country bans all trade with another country?
- A.
Sanction
- B.
Embargo
- C.
Tariff
- D.
Tax
- 4.Seven countries that make up OPEC are: Iran, Iraq, Kuwait, Saudi Arabia, Libya, Qatar, and United Arab Emirates. Which one of these countries is not part of Southwest Asia (Middle East)?
- A.
Qatar
- B.
Iraq
- C.
United Arab Emirates
- D.
Libya
- 5.OPEC is an example of a:
- A.
Monopoly
- B.
Cartel
- C.
Company
- D.
Food Producer
- 6.Most markets are:
- A.
Command
- B.
Traditional
- C.
Market
- D.
Mixed and fall between pure market and pure command
- 7.Saudi Arabia's Government is called a:
- A.
Democracy
- B.
Theocratic Republic
- C.
Monarchy
- D.
Parliamentary
- 8.Israel's Government is a:
- A.
Monarchy
- B.
Democracy
- C.
Theocratic Republic
- D.
Parliamentary
- 9.Iran's Government is a:
- A.
Monarchy
- B.
Theocratic Republic
- C.
Parliamentary
- D.
Democracy
- 10.What is OPEC and what is it's main function?
- 11.How does specialization encourage trade between countries?
- 12.Why is a system for exchanging currencies (money) important?
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