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Environmental Issues and Economics SE Asia
A quota is:
What is human capital?
Environmental Issues and Economics SE Asia
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1
What is human capital?
The total agriculture produced by a nation in one year.
Government-owned businesses.
Factories and machinery.
The money spent to train and educate citizens on how to use technology.
2
A quota is:
A limit on imports from other nations.
The refusal to cooperate with other countries in a specific region.
A limit on trade.
A tax placed on imports.
3
Japan has a literacy rate of 99%. India has a literacy rate of 74%. Which statement is MOST LIKELY true?
Japan has more natural resources.
Japan has a higher population.
Japan has a higher standard of living.
Japan has a lower gross domestic product (GDP).
4
If a country does not invest in its human capital, how can it affect the country’s gross domestic product (GDP)?
GDP may not increase because poorly trained workers.
GDP os only affected if workers pay for investment of their own pockets.
Investment in human capital has little effect on the country's GDP.
Most workers want to keep their jobs and do not care about GDP.
5
Japan focuses much time and energy on the production of automobiles and the development of technology. Example of:
Currency Exchange.
Trade Barriers.
Specialization.
Human capital.
6
How are embargoes different from tariffs and quotas?
Embargoes allow trading to continue.
Embargoes are used to hurt the economies of other countries.
Embargos can only occur during international conflict.
Embargoes are only used by the North Korean government.
7
Who makes ALL economic decisions in a command economy?
Representatives of the national court system.
Leaders of the religious community.
Producers and Consumers.
The government.
8
The U.S. has severely limited its trade with North Korea. Which type of trade barrier does this describe?
Tariff
Subsidy
Quota
Embargo
9
Which of these is NOT a major cause of flooding in India and China?
Monsoons and tropical rainforests.
Melting ice and snow from higher elevations.
Reduction of tropical rainforests.
Heavy rainfall.
10
Why are entrepreneurs important in southern and eastern Asia?
Entrepreneuers emply trade barriers for protection.
Entrepreneurs control all land and businesses across the continent.
Entrepreneurs create jobs and keep prices low.
Entrepreneurs control the governments.
11
Which of these is NOT a major reason for high amounts of water pollution on the Yangtze and Ganges Rivers?
Car exhaust.
Industrial runoff.
Agriculture.
Religious Ceremonies.
12
Why does South Korea (S) have more of a market economy than India (I)?
In South Korea, tradition mainly determines what goods are produced.
In South Korea, religious authorities make most of the business decisions.
In South Korea, producers and consumers make more business decisions.
In South Korea, the government makes more business decisions.
13
In the economy of Japan, it is easy to start a business. What impact does this have on the role of entrepreneurs?
The efforts of entrepreneurs are limited because a lack of government rules
Entrepreneurs can make significant contribution on the economy of Japan.
Entrepreneurs will have no real impact on the economy of Japan.
Entrepreneurs are not affecred.
14
Which of these must be present for international trade to be successful?
A system of securing borders.
A system for imposing protective tariffs.
A system for raising taxes.
A system of exchange currencies.
15
Who answers ALL economic questions in a market economy?
Producers and consumers.
The government.
Religious leaders.
Leaders of the banking community.
16
Japan tries to protect its businesses by placing taxes on imports from other nations. This is an example of a(n):
Sanction
Embargo
Quota
Tariff
17
Why have the governments of India and China had problems reducing the high amounts of air pollution in their countries?
No one in India or China is concerned about air pollution.
They do not want to slow down economic growth.
Health problems related to air pollution have not occurred yet.
There are no effective ways to regulate air pollution.
18
Which type of economic system is based on customs and beliefs?
A market economy.
A mixed economy.
A traditional economy.
A command economy.
19
What do tariffs and quotas have in common?
Only central government can issue tariffs and quotas.
Trading continues with tariffs and quotas.
They are only allowed to last for one year.
They are both used to end trading with other countries.
20
In India, producers and consumers share responsibility with the government in answering economic questions. Example of:
A market economy.
A traditional economy.
A command economy.
A mix economy.
21
What do the economies of China and India have in common?
They are both rapidly industrializing.
They are both struggling to find natural resources.
They are both command economies.
They are both highly industrialized nations.
22
Why does North Korea (N) have more of a command economy than Japan (J)?
In North Korea, religious authorities make more business decisions.
In North Korea, the government makes more business decisions.
In North Korea, producers and consumers make more business decisions.
In North Korea, tradition mainly determines what goods are produced.
23
Which country would have the LOWEST amount of economic freedoms for its citizens?
Japan
India
North Korea
China
24
Which of the following nations has few natural resources and little farming land and has to import food that it needs?
North Korea
India
China
Japan
25
How does specialization assist the economies of all countries?
It restricts trade between countries.
It encourages trade between countries.
It motivates countries to migrate closer to command economies.
It does not affect trade between countries.
26
Which of these is an effect of water pollution on the Yangtze and Ganges Rivers?
It has led to peace between the Chinese and Indian government.
It has caused industrialization to slow down across China and India.
It increases the amouunt of water available for drinking and irrigation.
It lowers the amount of water available for drinking and irrigation.
27
What do the economies of Japan and South Korea have in common?
They both rely on oil exports to make most of their money.
They both have a wide variety of natural resources.
They both have command economies in place.
They both have diverse economies.
28
What are capital goods
The money spent to train workers to use new technology.
The factories, machinery, and technology used to make goods.
The workers who make the goods and services.
The goods and services that are produced for a county's economy.
29
If a country invests in capital goods, how can it affect the country's gross domestic product (GDP)?
Most workers want to keep their jobs and do not care about GDP.
GDP may rapidly increase workers are able to work more efficiently.
GDP is only affected if workers pay for the investment themselves.
Investment in capital goods has little effect on a country’s GDP.
