General Knowledge
What is the capital city of Japan?
Tokyo
True or False: A shop must always give you a refund if you change your mind?
FALSE
What is international trade?
The buying and selling of goods and services between countries.
How many colours are in the rainbow?
Seven
Which continent is the Sahara Desert located in?
Africa
Who wrote the play Hamlet?
William Shakespeare
In Ireland, if a consumer buys a faulty product, what is their legal right in terms of redress?
The right to a repair, replacement, or refund.
What is a trade barrier?
A government policy or rule that restricts international trade.
What is the name of a female deer.
Doe
Which famous artist painted the Mona Lisa?
Leonardo da Vinci
What is the largest ocean on Earth?
Pacific Ocean
What is the name of the Irish law that protects consumers when buying goods and services?
The Sale of Goods and Supply of Services Act 1980
Give two examples of a trade barriers and explain their concept.
Tariff: An extra tax added on to the price of imported goods.
Quota: A limit on the amount of a product that can be imported.
Embargo: A complete ban on trade of a specific product or with a specific region.
Subsidies: Grants provided by the goverment to support indigenous businesses.
In which capital city of Europe would you find the Eiffel Tower?
Paris
How many stomachs does a cow have?
4
What color is Lightning McQueen's car?
Red
Which Irish body enforces consumer protection laws and provides guidance on consumer rights?
The Competition and Consumer Protection Commission (CCPC)
Explain what and open economy is and give one example
An economy that trades goods and services freely with other countries. e.g. Ireland
What is the formula for calculating the area of a rectangle?
Length × Width
What is the largest country by land area?
Russia
Which animal is known as the King of the Jungle?
Lion
Under the Sale of Goods and Supply of Services Act 1980, name two conditions that goods must meet.
Goods must be of merchantable quality.
Goods must be fit for purpose.
Goods must be as described.
Goods must match the sample.
Explain using examples the difference between visible and invisible trade
Visible Trade: The trade of goods e.g. citrus fruits
Invisbile Trade: The trade of services e.g. music concerts
What is the name of the highest mountain on Earth?
Mount Everest
Who was the first person to walk on the moon?
Neil Armstrong
Name Nemo's friend who has short term memory loss.
Dori
Who should a consumer contact if a business refuses to uphold their legal rights and cannot be resolved directly?
The Competition and Consumer Protection Commission (CCPC) or use the Small Claims Court.
What is the formula for the balance of trade?
Visible exports - visible imports = the balance of trade
What is the definition of an asset in accounting?
What is the smallest country by land area?
Vatican City