Trade Talk Quiz

Froggy Jumps

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Exports and imports basics

Créé par

Sara Cifuentes

Colombia

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Trade Talk Quiz


Froggy Jumps Trade Talk QuizVersion en ligne Exports and imports basics par Sara Cifuentes 1 Which statement about imports is NOT correct? a They are goods sold to other countries b They increase the availability of products c They involve buying goods from other countries 2 What is a common risk of relying too much on exports? a Decrease in foreign income b Total independence from other countries c Economic vulnerability to global demand changes 3 Which option is NOT a benefit of exports? a Job creation b Increase in foreign revenue c Reduction of international trade 4 Why might imports harm local industries? a Because they create more jobs b Because they compete with local products c Because they increase prices 5 Which of the following is NOT a natural resource exported by Colombia? a Gold b Computers c Coffee 6 What happens when imports are greater than exports? a Economic balance b Trade surplus c Trade deficit 7 Which statement about Colombia’s exports is true? a They do not affect the economy b They include natural resources like oil and coffee c They are mostly technological products 8 Why is international trade important for a country? a It eliminates the need for production b It limits economic growth c It allows exchange of goods and services between countries 9 Exports often help a country by increasing which of the following? a Decreasing production b Job creation c Higher domestic prices 10 Which statement best describes a trade deficit? a Exports exceed imports b Balanced trade c Imports exceed exports

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Trade Talk Quiz

Froggy Jumps

À propos de cette activité

Créé par

Téléchargez la version pour jouer sur papier

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Trade Talk QuizVersion en ligne

par Sara Cifuentes

Which statement about imports is NOT correct?

What is a common risk of relying too much on exports?

Which option is NOT a benefit of exports?

Why might imports harm local industries?

Which of the following is NOT a natural resource exported by Colombia?

What happens when imports are greater than exports?

Which statement about Colombia’s exports is true?

Why is international trade important for a country?

Exports often help a country by increasing which of the following?

Which statement best describes a trade deficit?