Government and Economics of Latin America
Quiz by Irick, Kaitlyn
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- Q1
What type of economic system does Brazil have
closer to Command Economy
traditional economy
50% Free 50% command
closer to Market Economy
20sSS6E1 - Q2
Which of the following is NOT a type of economic system
Market
Mixed
Command
Presidential democracy
20s - Q3
China stops all trade with South Korea over a political dispute about oil prices. What is this an example of?
Embargo
Subsidy
Quota
Tariff
20sSS6E1 - Q4
Guatemala limits the amount of Pineapples imported from Florida because of low demand during the winter months. What type of trade barrier is this?
Embargo
Subsidy
Quota
Tariff
20sSS6E1 - Q5
Poland taxes all fruit coming in from Peru. Poland's business owners are happy because now people will be encouraged to buy fruit locally. What type of trade barrier is this?
Quota
Embargo
Tariff
Subsidy
20sSS6E1 - Q6
Which country has the least amount of freedom to conduct business?
Mexico
Cuba
Brazil
United States
30sSS6E1 - Q7
Which is an investment in Human Capital?
trucks
infrastructure
factories
education
30sSS6E1 - Q8
What is an entrepreneur?
the merging of businesses
businesses started by government officials
someone who takes natural resources and makes a product
Someone with an idea who starts a business
30sSS6E1 - Q9
In what way does an entrepreneur increase a country's GDP?
working to decrease the amount of goods sold in a country
closing businesses that are not making enough money
creating businesses that give people jobs
They write laws to protect public property
30sSS6E1 - Q10
What type of government does Brazil have?
Parliamentary Democracy
Presidential Democracy
Parliamentary Autocracy
Presidential Autocracy
20sSS6CG2 - Q11
The head of government and legislature work separately from each other.
Presidential Democracy
Autocracy
Parliamentary Democracy
Oligarchy
20sSS6CG2 - Q12
The head of government works with/through the legislature.
Presidential Democracy
Autocracy
Federal Republic
Parliamentary Democracy
20sSS6CG2 - Q1330s