
EconSpiral
Quiz by Keith Bissell
Feel free to use or edit a copy
includes Teacher and Student dashboards
Measure skillsfrom any curriculum
Measure skills
from any curriculum
Tag the questions with any skills you have. Your dashboard will track each student's mastery of each skill.
With a free account, teachers can
- edit the questions
- save a copy for later
- start a class game
- automatically assign follow-up activities based on students’ scores
- assign as homework
- share a link with colleagues
- print as a bubble sheet
35 questions
Show answers
- Q1What is a common type of trade barrier that places a tax on imported goods?quotaembargosubsidytariff30s
- Q2Which trade barrier restricts the quantity of a particular good that can be imported?quotatrade agreementtariffembargo30s
- Q3What type of trade barrier completely prohibits the trade of certain goods with specific countries?quotasubsidytariffembargo30s
- Q4Which of the following is NOT considered a trade barrier?quotafree trade agreementembargotariff30s
- Q5What is the main effect of trade barriers on consumer prices?they stabilize pricesthey tend to increase consumer pricesthey decrease consumer pricesthey have no effect on prices30s
- Q6What is an example of a trade barrier?Customer service standardsAdvertising regulationCurrency exchange rateTariff30s
- Q7Which of the following is a non-tariff trade barrier?Shipping feesImport quotasSales taxImport tariffs30s
- Q8What is a primary purpose of trade barriers?To protect domestic industriesTo simplify international regulationsTo increase global tradeTo lower consumer prices30s
- Q9What is the practice of providing financial assistance to local businesses to enhance their competitiveness?EmbargoTariffQuotaSubsidy30s
- Q10What is the purpose of a trade agreement?To create a single currency for tradeTo establish the rules of trade between countriesTo limit the number of products exportedTo prohibit imports from specific countries30s
- Q11What is free trade?Trade that involves only agricultural productsTrade that restricts imports and exportsTrade between countries without restrictions or tariffsTrade that only occurs within a single country30s
- Q12What does comparative advantage refer to?The ability to produce all goods efficientlyThe advantage of having more resources than another countryThe ability of a country to produce a good at a lower opportunity cost than another countryThe ability to import goods without tariffs30s
- Q13What does the term 'balance of trade' refer to?The difference between a country's exports and importsThe total value of a country's currencyThe number of trade agreements a country hasThe amount of foreign investments in a country30s
- Q14What is the primary purpose of the Interstate Highway System?Creating bike paths across the countryProviding scenic routes for tourismFacilitating national defense and commerceReducing travel times for local commuting30s
- Q15Which U.S. president is credited with the establishment of the Interstate Highway System?Lyndon B. JohnsonDwight D. EisenhowerJohn F. KennedyHarry S. Truman30s