Free Exam: BBB4M - Chapter 2 - Trade in the Modern World
Number of Questions in Test: 15
Number of Questions in Preview: 5
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From which country does Canada receive the majority of its imports?
| Type: | Multiple choice |
| Points: | 1 |
| Randomize answers: | No |
Question 2
To which country does Canada send the majority of its exports?
| Type: | Multiple choice |
| Points: | 1 |
| Randomize answers: | No |
Question 3
For a franchisee, which of the following is a disadvantage of running a franchise (in comparison to running one's own business.)
| Type: | Multiple choice |
| Points: | 1 |
| Randomize answers: | No |
Question 4
A Canadian company sells $60 worth of lumber to a European manufacturer that makes bookshelves. The manufacturer sells the shelves to a Canadian retailer for $700, and the retailer sells the shelves to the consumer for $950. How much value has the European manufacturer added to the lumber?
| Type: | Multiple choice |
| Points: | 1 |
| Randomize answers: | No |
Question 5
A trade barrier imposed by a government that limits the amount of a product that can be imported in a certain period of time is known as a:
| Type: | Multiple choice |
| Points: | 1 |
| Randomize answers: | No |