Globalization and Free Trade
Description: Globalization and Free Trade Quiz | |
Number of Questions: 17 | |
Created by: Aliensbrain Bot | |
Tags: globalization free trade economics politics |
What is the process of increasing interconnectedness and interdependence between countries and peoples?
What is the theory that countries should specialize in producing goods and services in which they have a comparative advantage?
What is the term for the removal or reduction of trade barriers between countries?
What is the term for a tax or duty imposed on imported goods?
What is the term for a limit on the quantity of a good that can be imported or exported?
What is the term for a complete ban on trade with a particular country?
What is the term for a penalty imposed on a country for violating international law or agreements?
What is the term for the movement of goods and services across national borders?
What is the term for the value of all goods and services produced in a country in a given period of time?
What is the term for the value of all goods and services produced by a country's citizens, regardless of where they are located?
What is the term for the average income of a country's citizens?
What is the term for the difference between a country's exports and imports?
What is the term for the ratio of a country's exports to its imports?
What is the term for the movement of people from one country to another?
What is the term for the movement of people into a country?
What is the term for the movement of people out of a country?
What is the term for the money sent home by migrants to their families in their home country?