World Of Trade Vocabulary Test
16 Questions
| Attempts: 505
Answer each question in the space provided.
Questions and Answers
- 1.An exchange of goods or services.
- A.
Trade
- B.
Imports
- C.
Export
- D.
Market
- 2.Place where trade occurs.
- A.
Quota
- B.
Standard
- C.
Market
- D.
Trade
- 3.People who buy products or services.
- A.
Producers
- B.
Consumers
- C.
Embargo
- D.
Subsidy
- 4.A regulation or law that slows or prevents trading with another nation.
- A.
Tariff
- B.
Quota
- C.
Producer
- D.
Trade Barrier
- 5.A belief that products should be free to move from country to country without barriers.
- A.
Free Trade
- B.
Import
- C.
Export
- D.
Emigrate
- 6.Define Domestic Trade.
- 7.Define International Trade.
- 8.Define Import.
- 9.Define Export.
- 10.Define Culture.
- 11.Define Quota.
- 12.Define Tariff.
- 13.Define Standard
- 14.Define Currency.
- 15.Define Exchange Rate.
- 16.Explain the difference between a person who is an Emigrant and Immigrant.
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