Asia Government and Economics RVSD 1.11.22

Question 1

What are the three types of trade barriers?

Accepted Answer

quota / tariff / embargo

Question 2

Whose government is modeled after the UK?

Accepted Answer

India

Question 3

Which best describes the Chinese govts?

Accepted Answer

Communist govt

Question 4

Japan's emperor is the country's Head of State, a person who has:

Accepted Answer

a ceremonial role without much power

Question 5

When Economic decisions are made based on changes in prices that occur as buyers & sellers

Accepted Answer

market economy

Question 6

What country's National Assembly impeached their president from office on charges of corruption in 2017?

Accepted Answer

India

Question 7

What was Japan before WWII?

Accepted Answer

Absolute Monarchy

Question 8

If India & Japan are both parliamentary democracies, how do they determine their leaders?

Accepted Answer

citizens vote on legislature, & legislature selects leader

Question 9

What is an embargo?

Accepted Answer

when a country won't trade with another country

Question 10

What is a tariff?

Accepted Answer

a tax on imported goods

Question 11

Which Asian countries have democratic governments?

Accepted Answer

India and Japan

Question 12

Specialization is _.

Accepted Answer

products a country makes best and that are in demand.

Question 13

What are the 4 factors of production that influence economic growth within a country?

Accepted Answer

Natural Resources/Human & Physical Capital /Entrepreneurship

Question 14

When ALL economic decisions are made by the Government

Accepted Answer

command economy

Question 15

People who provide the money to start and operate a business are called_.

Accepted Answer

Entrepreneurs

Question 16

Which country has pooer farm production and deals with famine?

Accepted Answer

North Korea

Question 17

Which Asian country has a diffuclut time eduacting their large and growing populationt?

Accepted Answer

India

Question 18

What is GDP?

Accepted Answer

gross domestic products

Question 19

T/F The Premier over sees the daily activities in South Korea.

Accepted Answer

False

Question 20

Which are examples of human goods?

Accepted Answer

knowledge and skills

Question 21

What is the difference between human capital and physical capital?

Accepted Answer

HC is the knowledge while PC is the factories / machines

Question 22

Which statement about political parties is true about China?

Accepted Answer

There is only 1 legal political party

Question 23

Which are examples of capital goods?

Accepted Answer

factories, machines, technologies, buildings & property

Question 24

Trading without using money

Accepted Answer

bartering

Question 25

Which statement is NOT true:

Accepted Answer

Japan has an emperor and has the most power

Question 26

Which country is the world's largest democracy?

Accepted Answer

India

Question 27

What is it called when a country focuses on one or two industries for production?

Accepted Answer

specialization

Question 28

Who controlled the Northern half of the Korean peninsula after WWII?

Accepted Answer

Soviet Union

Question 29

What challenges does Japans government not face?

Accepted Answer

Educating a large population

Question 30

Who controls who can be a part of the govt. in China?

Accepted Answer

CCP

Question 31

Which best describes Japan's government?

Accepted Answer

Constitutional Monarchy

Question 32

T/F: There are no PURE command countries in the world toda

Accepted Answer

True

Question 33

What are natural resources?

Accepted Answer

raw materials a country has

Question 34

Which Asian country could be described as a parliamentary democracy?

Accepted Answer

India

Question 35

Which countrys local power is in the hands of village councils called panchayats?

Accepted Answer

India

Question 36

Which country has an emperor today?

Accepted Answer

Japan

Question 37

Which country's system of governmentis in the hands of the "surpeme leader"?

Accepted Answer

North Korea

Question 38

What is a quota?

Accepted Answer

a limit on imported goods

Asia Government and Economics RVSD 1.11.22

Questions 38

Asia Government and Economics RVSD 1.11.22

Questions 38