Unit 4 Review (SE Asia)

A tariff is a

These two countries produce the most agricultural goods.

When I can exchange $1 US for 6.39 Chinese Yuan, I am talking about....

A county should specialize in products that __________.

What country has the most economic freedoms for its citizens?

What is the main cause of air pollution in India and China?

How does a Market economy answer the three economic questions?

An embargo could best be described as.....

An entrepeneur is a person who organizes and operates a business or businesses, taking on great financial risks.

How does a Command economy answer the three economic questions?

Gross Domestic Product is

If China's major export is rice, and Iran's major import is rice, they would be good trading partners.

Human capital is

Capital goods (machinery, equipment, buildings) are used by a business to

The use of animal dung and coal by many Indian and Chinese familes can lead to ___________.

If I were to use that exchange rate to use US dollars to buy a coffee shop in Thailand, I would go through...

India has the 7th largest economy in the world.

How does a traditional economy answer the three economic questions?

Which country has the least economic freedoms for its citizens?

A higher literacy rate may improve a country's average wage.

What are the main causes of water pollution?