World Companies
What is the most popular corporation?
Apple
Domestic trade is?
exchange of goods and services in one country
What organization oversees the international legal trade framework for 164 economies around the world?
World Trade Organization
What is the top export of the US?
Fuels
What is the most popular type of dog?
Labrador Retriever
International trade is what?
Exchange of goods and services between nations
What is the difference between an import and export?
import is what a country buys from other countries
export is what they send out to sell to other countries
What countries is the US in a trade agreement with?
Mexico, Canada
What decade started an increase in world trade?
1970s
How many main-line Star Wars movies are there?
9
What company makes the most revenue per year?
Motto:Save people money so they can live better
Walmart
What is a reason for trade alliances ?
Easier to buy and sell.
What would happen if one country stopped dealing with its ally?
The country would lose money
Why would a country want to restrict trade?
Say at least one of these:
Foreign competition can lower the demand for products
made at home.
• Companies at home need to be protected from unfair
foreign competition.
• Industries that make products related to national defense
(such as satellites, aircraft, and weapons) need to be
protected.
, The use of cheap labor in other countries can lower wages or
threaten jobs at home.
• A country can become too dependent on another country
for important products such as oil, steel, or grain.
• Other countries might not have the same environmental or
human rights standards.
How many lights are in this room?
15
True or False: China is the Richest country
True
Name a country‘s currency(outside of US)
Rupees, pesos, Canadian dollar, Euros, etc
What trade alliance has the most countries involved?🇪🇺
European Union
An embargo is a ban on the ____ or ____ of a product
Import & export
What is Mr. Landesman’s favorite ice cream flavor?
Mint chip
Hint:replaced by Netflix
Blockbuster
Free trade occurs when there we are ___ or no limits on trade between countries.
Few
What trade alliance is Russia a part of?
a)North American free trade agreement
b)European Union
c)Association of Southeast Asian Nations
d)None
When would a country use an embargo?
Military or political reasons
What is the top selling international video game?
Minecraft