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Latin America Economics

Quiz by Aditi Sood

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12 questions
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  • Q1

    What is Supply?

    how much of something a person wants

    to specialize in what you do best

    the ability to read and writes by the age of 15

    the amount of something a person has

    30s
  • Q2

    Match the currency to their correct country

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    Linking
    60s
  • Q3

    How many questions must every government answer to determine the government type? Types the number only.

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    30s
  • Q4

    What countries are in NAFTA

    Canada and Brazil 

    The USA and Mexico

    The UK

    Canada, Mexico, The USA

    30s
  • Q5

    what is how much of something consumers want?

    demand

    supply

    GDP

    literacy rate

    30s
  • Q6

    True or False? Natural resources come from factories?

    false
    true
    True or False
    30s
  • Q7

    What is the act of focusing on what you do best?

    Demand

    GDP

    Standard of Living

    Specilization

    30s
  • Q8

    What is the value of all the goods and services produced in a country in one year?

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    30s
  • Q9

    What is human capital

    people who perform labor

    taxes on imports

    jobs you can have

    things from nature

    30s
  • Q10

    If literacy rate goes up the standard of living will also increase?

    true
    false
    True or False
    30s
  • Q11

    Match the trade barrier with the definition.

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    60s
  • Q12

    Which country has a command economy?

    Cuba

    Brazil

    Canada

    Mexico

    30s

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