This quiz works best with JavaScript enabled.
Select an option to see the correct answer instantly.
Correct Answer: B) Trade fails.
Correct Answer: B) The standardized packaging and transportation of goods.
Correct Answer: D) Quotas.
Correct Answer: B) Lower prices to consumers.
Correct Answer: A) Market economy.
Correct Answer: D) Heritage Past Program.
Correct Answer: D) All of the above.
Correct Answer: A) TRUE.
Correct Answer: B) It makes the economy more efficient.
Correct Answer: B) It would decrease.
Correct Answer: C) United States, United Arab Emirates, Hong Kong, China, Singapore, Saudi Arabia and Iraq.
Correct Answer: B) To preserve national identity.
Correct Answer: A) MULTINATIONAL ENTERPRISES.
Correct Answer: B) FALSE.
Correct Answer: B) Credit.
Correct Answer: A) Proforma invoice.
Correct Answer: A) Custom brokers.
Correct Answer: A) An economic policy to restrict trade between countries through the imposition of barriers to trade including tariffs and quotas.
Correct Answer: C) To further foreign policy goals.
Correct Answer: C) Xbox.
Correct Answer: D) Inflow.
Correct Answer: A) Yes, I understand this from the notes.
Correct Answer: B) Foreign Direct Investment.
Correct Answer: C) More money left at the end (profit).
Correct Answer: B) The value of imports exceeds the value of exports.