Both the United Kingdom and Germany can be said to have a ____ system of government
What is Parliamentary?
The United Kingdom, Germany, and Russia all collect taxes from their citizens. Collecting taxes from citizens is an element of any
What is command economy?
What is the primary purpose of job specialization?
What is
increased efficiency and productivity?
Which organization was created to make trade between its members easier?
What is
European Union?
Russia profits greatly from the export of _____, while the United Kingdom does not.
What is
Oil?
What is the MOST common form of government system in Europe?
What is Parliamentary?
One advantage of a market economy is its ability to
What is adjust to changes over time?
A tariff is a tax on ___.
What is
Imports?
All of these countries belong to the European Union EXCEPT
A)Russia.
B)Germany.
C)Czech Republic.
D)Spain.
What is
A)Russia?
Which of these BEST represents capital investment for a company?
A)advertising
B)renting space
C)buying new equipment
D)hiring new employees
What is
C)buying new equipment?
In Russia, the President serves a six year term, and takes office upon winning a majority of the popular vote.
Based on this sentence, you can classify Russia's political system as being a
What is Presidential Democracy?
How does the geography of the United Kingdom impact trade?
What is it can be more expensive to import and export goods because it is an island nation?
Germany places a tariff on trade from Russia. What is a possible outcome of this action?
A)Germany's allies stop trading with Germany
B)Russia's allies continue trade with Germany
C)Germany's allies continue trade with Russia
D)Russia's allies place trade barriers on trade with Germany
What is
D)Russia's allies place trade barriers on trade with Germany?
In order to encourage trade between member countries, the European Union has
What is
done away with tariffs on goods?
Cell phones and the Internet have both had the effect of
A)reducing poverty and malnutrition.
B)reducing trade barriers between nations.
C)improving medical technology in developing countries.
D)making the world a "smaller" place by increasing communication speeds.
What is
D)making the world a "smaller" place by increasing communication speeds?
What type of government system does Russia have in the 20th Century?
What is autocratic?
Which statement BEST describes the economy of the United Kingdom (U.K.)?
A)The U.K. must import all of its oil, coal, and natural gas.
B)The U.K. must import many raw materials used in manufacturing.
C)The U.S. is the world's leader in exporting of coal and natural gas.
D)The U.K.'s geography provides it with all of the natural resources it needs
What is
B)The U.K. must import many raw materials used in manufacturing?
A tariff is a form of taxation on foreign products, while a quota is a ______ on imports from foreign countries.
What is
limit?
The European Union has positively affected the economies of Europe by
A)refusing to allow countries to trade with each other.
B)allowing England to become the richest European country
C)lowering or eliminating barriers that slow down trade between countries.
D)making taxes on imported goods higher and promoting economic independence.
What is
C)lowering or eliminating barriers that slow down trade between countries?
In a speech before the European Union, the Prime Minister of the United Kingdom urged all nations of Europe to increase their funding of education programs. "Without the proper background in reading, math, and science, we cannot expect the students of today to become the productive workers of tomorrow. An investment in education is an investment in all our continued prosperity."
The Prime Minister believes that if his idea is followed
What is
the GDP of European nations will continue to grow?
What type of gov't system is in Russia, United Kingdom, & Germany?
What is Parliamentary / Democratic?
One advantage of a market economy is its ability to
What is
adjust to changes over time?
Why is a system of currency exchange necessary for international trade?
A)Nearly all world currencies are worthless on the world market
B)Those buying goods on the world market only accept payment in gold and silver.
C)Most goods bought on the international market must be bought and paid for using United States dollars only.
D)There must be a way to pay for goods purchased from countries with different types of currencies due to Nationalism
What is
D)There must be a way to pay for goods purchased from countries with different types of currencies due to Nationalism?
Which currency use to make a purchase in Germany?
What is Germany?
Which of these statistics would you MOST likely find in a European country?
A)Literacy Rate above 90%
B)GDP per capita of $11,000
C)Life Expectancy of 89 years
D)Primary School Enrollment rate of 75%
What is
A)Literacy Rate above 90%?