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Section 1 Vocab
Section 2 Vocab
Section 3 Vocab
Easy Random
Hard Random
100
the goods and sevices that it buys from other nations.
What is Imports
100
tax to protect less efficient domestic producers
What is Protective Tariff
100
Various currencies used to conduct international trade
What is Foreign Exchange
100
Name the nuclear plant in Tennessee
Oak ridge
100
How many calories do you get when you lick a stamp?
1/10 or .1
200
the goods and services that it produces and sells to other nations.
What is Exports
200
placed on imported goods to raise revenue
What is Revenue Tax
200
balance of payments outcome when spending on imports exceeds revenues received from exports
What is Trade deficit
200
Who was crowned MR. BOLTON BAND?
Chandler Mc(i cant spell it)
200
Which continent doesn't have areas below sea level?
Antarctica
300
ability to produce more of a given product than another country can produce.
What is Absolute Advantage
300
favor trade barriers to protect domestic industries
What is Protectionist
300
Not stopping; perseverance; relentless
What is Persistant
300
How many hours a day do cats normally sleep?
16 to 18
300
What city lies in the exact geographical center of the state of tennessee?
Murfreesboro
400
the ability to produce a product relatively more efficiently, or at a lower opportunity cost.
What is Comparative Advantage
400
favors fewer or no trade restrictions
What is Free traders
400
Balance of payments outcome when revenues received from exports exceed spending on imports
What is Trade surplus
400
Who was the pit player most likely to break a mallet?
Geno Lay
400
What month has 28 days in it?
All of them. Don't argue, just think about it.
500
Cost of the next best alternative use of money, time, or resource
What is Opportunity Cost
500
agreement signed in 1993 to reduce tariffs and increase trade among the inhabitants of the North American continent
What is Nafta
500
safe
What is Secure
500
In the average lifetime, a person will walk how many times around the equator? Lower than 20.
What is 5
500
What are the names of Mrs. Lubin's children?
Celia and Bennet