Question 1

which of the following countries has a communist economy?

Accepted Answer

Cuba

Answer

mexico

Answer

all three

Answer

brazil

Question 2

what type of economy does mexico have?

Accepted Answer

Mixed

Answer

communist

Answer

traditional

Answer

free

Question 3

what countries has a mixed economy?

Accepted Answer

brazil and mexico

Answer

cuba and brazil

Answer

cuba and mexico

Answer

All three

Question 4

what type of economy does cuba have?

Accepted Answer

communist

Answer

free

Answer

has no economy

Answer

mixed

Question 5

what is the difference between cuba and brazils economy?

Accepted Answer

brazil has a mixed economy and cuba has a communist economy

Answer

both countries have a communist economy

Answer

brazil has a free economy and cuba has a communist economy

Answer

cuba has a free economy and brazil has a communist economy

Question 6

What are the 3 basic questions that every country must answer to allocate scarce resources?

Accepted Answer

What to produce, How to produce, and for Whom to produce?

Answer

idk

Answer

who, what, when, where?

Answer

what to produce, how to produce, and why produce?

Question 7

Why do countries specialize?

Accepted Answer

by focusing production on only a few products, the production is more efficient, which leads to better quality products

Answer

for a country to specialize it means for them to only focus on producing one product

Answer

by focusing production on a ton products, the production is more efficient, which leads to better quality products

Answer

so they can be cool

Question 8

How does specialization encourage trade?

Accepted Answer

when you specialize in something it make the product more efficient which makes countries want to buy it from you.

Answer

when you specialize in something it make the product less efficient which makes countries want to buy it from you.

Answer

idk

Answer

because it is special

Question 9

What is an economic trade barrier?

Accepted Answer

An economic trade Barrier is a tariff, quota, and embargo which all have something to do with limiting trade

Answer

a brick wall that stops trade

Answer

An economic trade Barrier is a tariff, quota, and embargo which all have something to do with making more trade happen

Answer

idk

Question 10

Why do countries implement economic trade barriers? (1 major reasons)

Accepted Answer

to support products made in one’s own country.

Answer

so they make that country jelly

Answer

because they got big beef

Answer

to support products made in the other country.

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