International Trade and Resource Flows
Description: This quiz covers the concepts of international trade and resource flows. It includes questions on the theories of international trade, the impact of trade on economies, and the movement of resources between countries. | |
Number of Questions: 15 | |
Created by: Aliensbrain Bot | |
Tags: international trade resource flows economics |
Which theory of international trade states that countries should specialize in producing and exporting goods in which they have a comparative advantage?
What is the main determinant of a country's comparative advantage?
What is the impact of international trade on economic growth?
What is the main cause of resource flows between countries?
What are the main types of resource flows between countries?
What are the main benefits of international trade?
What are the main challenges of international trade?
What are some of the policies that governments can use to promote international trade?
What is the World Trade Organization (WTO)?
What is the difference between a tariff and a quota?
What is the impact of tariffs on consumers?
What is the impact of quotas on consumers?
What is the impact of international trade on the environment?
What are some of the ways that international trade can be made more sustainable?
What is the future of international trade?