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US & International Trade Review

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brainards

Updated 14 days ago

1. Poll
60 seconds
Which of the following was NOT included in the original six members of the European Community?
  • Belgium
  • France
  • Ireland
  • Italy
2. Poll
60 seconds
When was the World Trade Organization established?
  • 2005
  • 1985
  • 1995
  • 1975
3. Poll
60 seconds
Which of the following is NOT a level of economic integration?
  • Political Union
  • Custom Union
  • Free Trade
  • Political Democracy
4. Poll
60 seconds
Which of the following is the formula for determining a country’s balance of trade?
  • Total Exports + Total Imports
  • Total Exports - Total Imports
  • Total Exports X Total Imports
  • Total Exports ÷ Total Imports
5. Poll
60 seconds
About how much of the total federal budget does foreign aid account for?
  • 5%
  • 10%
  • 1%
  • 15%
6. Poll
60 seconds
What is the amount of foreign currency taken into a country versus the amount of domestic currency paid out?
  • Foreign Exchange Rate
  • Payment Exchange Rate
  • Balance of Trade
  • Balance of Payments
7. Poll
60 seconds
Which of the following is NOT a way money moves from one country to another?
  • Tourism
  • Foreign Investments
  • Foreign Policy
  • Imports and Exports
8. Poll
60 seconds
Which of the following accurately defines quota?
  • Tax
  • Limit
  • Fee
  • Ba
9. Poll
60 seconds
Which of the following accurately defines tariff?
  • Tax
  • Limit
  • Fee
  • Ban
10. Poll
60 seconds
Which of the following accurately defines embargo?
  • Tax
  • Limit
  • Fee
  • Ban

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