Geography & the Global Economy Chapter Exam

Exam Instructions:

Choose your answers to the questions and click 'Next' to see the next set of questions. You can skip questions if you would like and come back to them later with the yellow "Go To First Skipped Question" button. When you have completed the practice exam, a green submit button will appear. Click it to see your results. Good luck!

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Question 1 1. What is defined as each member of the trade agreement making economic gain from the agreement?

Question 2 2. What is defined as producing goods only for the consumption and survival of one's family group?

Question 3 3. The Industrial Revolution took place during the

Question 4 4. A mixed economic system integrates the characteristics of which two systems?

Question 5 5. When speaking of global economies the term 'domestic' denotes

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Question 6 6. What is defined as the bringing in of foreign goods into an economy?

Question 7 7. What type of system exists when the economy and distribution of resources are based on ritual, habit, and custom?

Question 8 8. What international organization oversees the rules of trade between nations?

Question 9 9. In the pre-industrial age, most people produced goods to be

Question 10 10. NAFTA stands for the

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Question 11 11. Exporting is the act of

Question 12 12. What type of existence level is defined as producing only enough to support one's self or one's family group?

Question 13 13. What is defined as the economic mixing and interdependence of economies across the world through an escalation of cross-cultural movement of goods, services, technologies and wealth?

Question 14 14. How many trading parties exist in a bilateral trade agreement?

Question 15 15. What terms denotes a time in which an economy no longer relies on heavy industry and manufacturing, but instead on the offering of services?

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Question 16 16. The migrating of people from rural areas to urban ones is known as

Question 17 17. What is defined as the portion of a market controlled by a particular entity?

Question 18 18. Which of these is NOT an argument against economic globalization?

Question 19 19. Which type of system is at work when economic decisions, such as pricing and what to produce, are based on supply and demand?

Question 20 20. What is defined as large-scale departure of companies, assets, and wealth from a country due to economic instability or the opportunity for cheaper production?

Geography & the Global Economy Chapter Exam Instructions

Choose your answers to the questions and click 'Next' to see the next set of questions. You can skip questions if you would like and come back to them later with the yellow "Go To First Skipped Question" button. When you have completed the practice exam, a green submit button will appear. Click it to see your results. Good luck!

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