Show:
Latin America
Canada
Europe
Australia
Toss Up
100
The currency used in Mexico is
What is peso
100
The North American Free Trade Agreement (NAFTA) is an agreement that called off most tariffs (taxes on imported goods) on trades between three countries. These countries are the United States, Mexico, and
What is Canada?
100
Most countries today operate under which economic systems?
What is market economy?
100
Which resource is most impacted by capital investment: Capital Goods or Human Capital?
What is Capital Goods?
100
From the mid-1800s to 1947, India was depended upon economically and ruled as a colony by
What is Great Britain?
200
What type of economy exists in Brazil?
What is mixed economy?
200
In a mixed economy, people have many economic choices, but the government is involved in some aspects of the economy. Study Island describes how the government in Canada is involved in the economy?
What is access to a publicly funded healthcare system?
200
Greece, Italy and Spain use this form of currency
What is Euro?
200
Which type of investment most likely increases human capital: property or education?
What is education?
200
What economic question is answered by the term “target market”?
What is for whom to produce a good or service?
300
Because of Hurricane Roxanne in 1995, the important supply of oil which was depended upon by both Mexico and the U.S. refineries, had very little time to recover. The oil refiners in the US Gulf Coast were experiencing the result of: their interdependence on Mexican oil producers--or--the unequal distribution of oil supplies in the gulf.
What is their interdependence on Mexican oil producers?
300
Canada can increase in it's gross domestic product (GDP) by: investing in machinery and technology--or--importing a greater number of products
What is investing in machinery and technology?
300
The initiatives to upgrade the living standards in Russia, made by Russian President Vladimir Putin on September 5, amount to a long-term economic strategy. The investment in health care and education is considered investment in what type of capital?
What is human capital?
300
Australia and New Zealand are both full members of the
What is British Commonwealth of Nations (CN)?
300
Citizens in a command allocation system determine: what product to buy--or--when to make a product.
What is what product to buy?
400
Which person is making an investment: Jennifer spends all her money on pizza and candy--or--Martin buys a popcorn maker for his snack stand?
What is Martin buys a popcorn maker for his snack stand?
400
Pure Command _______________Pure Market (A) (B) Which location identifies where MOST of the world economies would be placed on this graphic? (SS6E5c) At point A--At point B--Between points A and B
What is Between points A and B
400
The currency used in the United Kingdom is the
What is the pound or pound sterling?
400
The mixed economy of Australia is becoming more of a market economy as fewer economic decisions are made by
What is the government?
400
Which describes the effects of a tariff?
What is the prices of imported goods rise?
500
There is a high demand for South American products in China and other Asian countries. Because of this, the government of Chile believes that South American countries need to combine their exports in order to fulfill Asia's needs. In this case, the reason South American countries need to cooperate is because
What is the demand of the individual countries cannot meet the market's supply or unify the countries to meet world demands.
500
• laws and regulation • keeping customers happy • ethical decisions These decisions during scarcity are affected by
What is allocation and pricing?
500
Consumers benefit from lower prices in the European Union's single market. Which of the following best explains the reason: less competition--or--more competition.
What is more competition?
500
The best system used to deal with scarcity in Australia: sharing equally--or--market allocation
What is market allocation?
500
Between 2001 and 2005 Germany decreased their investment in capital resources like factories and machinery. How would this decision MOST LIKELY affect their gross domestic product (GDP)?
What is the GDP in Germany would likely have decreased during this time because there is a direct relationship between GDP and investment in capital.