stud
bud
Sign up
Log in
Home
Library
Explore
SAT
More
International Trade & Towne Review Flashcards | StudBud
Explore
/
International Trade & Towne Review
International Trade & Towne Review
45 terms
·
StudBud Administration
·
515 plays
International Trade Vocabulary & Countries Review
Flashcards
45 cards
F
Practice quiz
P
Host live
L
Questions
45
Answers
1
DEMAND means
how much something costs
how many goods you can buy
how much a good or service is available
how many people want something
2
How many different types of currency will be used at International Towne?
10
8
2
4
3
INTERDEPENDENCE means...
Relying on EACHOTHER to succeed
Relying on YOURSELF to succeed
Giving UP
Relying on OTHER PEOPLE to help you
4
At IT, the MANUFACTURING business is in the country of...
Russia
India
China
Ghana
5
This is a picture of...
capital
land
labor
entreprenuers
6
Australia is in the region of...
AmeriLat
EuRussia
MidAfri
PacAsia
7
Egypt is in the region of...
EuRussia
MidAfri
AmeriLat
PacAsia
8
At IT, the INTERNATIONAL BANK is in the country of...
Brazil
Singapore
Russia
Canada
9
At IT, the MUSEUM is in the country of...
Israel
Italy
United Kingdom
Ghana
10
This is the country of...
Australia
Brazil
United Kingdom
Italy
11
Which of the following is NOT a region at International Towne?
EuRussia
PacAsia
AmeriStan
MidAfric
12
International Trade is based on the concept of interdependence.
False
True
13
At IT, the CAFE is in the country of...
Ghana
China
Canada
Italy
14
A CONSUMER is a...
a person who does a job
a person who buys a good or service
a person with odd customs
type of endangered animal
15
SUPPLY means...
how many resources are needed
how much of a good or service is available
how many people want something
how much something costs
16
This is the country of...
Italy
Israel
India
Ghana
17
SCARCITY means...
When there is ENOUGH of each RESOURCE to meet DEMAND
When GOODS are in LOW DEMAND
When the SUPPLY of a good is LOWER than DEMAND- not enough
When SUPPLY of a good in HIGHER than DEMAND-too much
18
This is a picture of....
trade barrier
scarcity
entreprenuer
goods
19
This is the country of...
Singapore
Ghana
Egypt
Germany
20
Goods or Services being SHIPPED OUT of a country are called...
exports
producers
imports
consumers
21
OPPORTUNITY COST means....
What you give up when you make a choice
What you decide on when you make a choice
How many choices you can make
How many imports you can buy
22
What are TWO types of economic RESOURCES?
land & currency
entreprenuership & producers
capital & labor
labor & imports
23
Which of the following countries is NOT in PacAsia?
China
India
Singapore
Italy
24
At IT, the JEWELRY business is in the country of...
Brazil
Israel
United Kingdom
Russia
25
This is the country of...
United Kingdom
Australia
China
Russia
26
At IT, the PASSPORT AGENCY is in the country of...
Australia
Egypt
Netherlands
China
27
The Netherlands in the region of...
EuRussia
PacAsia
MidAfri
AmeriLat
28
This is the country of...
Brazil
China
United Kingdom
India
29
Which of the following is NOT an example of capital?
laborers
factories
trucks & planes
cash & money
30
This is a picture of...
producer
laborer
supplier
consumer
31
At IT, the INTERNATIONAL SHIPPING is done by the country of...
Japan
Russia
Israel
Panama
32
A PRODUCER is a person who...
Buys goods or services for sale
Eats new types of food
Makes a good or service for sale
Imports consumers
33
Canada is in the region of...
MidAfri
AmeriLat
PacAsia
EuRussia
34
Which of the following countries is NOT in EuRussia?
Russia
United Kingdom
Panama
Netherlands
35
an ECONOMIC DILEMMA is a ...
type of entreprenuership
problem that effects trade and money
a set of imports and exports
problem that students face in class
36
Goods or Services COMING INTO a country are called..
exports
consumers
producers
imports
37
Which of the following countries is NOT in MidAfri?
Germany
Israel
Egypt
Ghana
38
Which of the following countries is NOT in AmeriLat?
Canada
Ghana
Panama
Brazil
39
At International Towne, the RADIO STATION is in the country of...
Brazil
Egypt
Germany
Canada
40
This is the country of ...
Japan
Panama
Italy
Ghana
41
CURRENCY means...
how up-to-date something is
how much something costs
a type of money
how much is supplied
42
At IT, the TELEVISION STATION is in the country of...
India
Brazil
Japan
Russia
43
TRADE BARRIERS are designed to...
help people cross borders freely
encourage free trade
make prices rise higher
block or limit trade
44
At IT, the INTERNATIONAL COURT is in the country of...
Australia
United Kingdom
Ghana
Netherlands
45
This is the country of...
Germany
Netherlands
Russia
Canada
