How Currency Changes Affect Imports and Exports

Instructions:

Choose an answer and hit 'next'. You will receive your score and answers at the end.

question 1 of 3

What are goods that are produced in a foreign country but sold in a home country called?

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1. What is most likely to happen with a strong dollar?

2. If U.S. exports to Japan increased, what most likely happened?

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About This Quiz & Worksheet

The quiz will test you on characteristics related to the currency changes. The questions will provide you with situations, and you will identify the correct outcome. Other questions will ask you to fill in the blank with the correct term.

Quiz & Worksheet Goals

The assessment will help you cover the following information:

  • Imports
  • Exports
  • Domestic currency
  • Factors of production

Skills Practiced

The quiz will help you practice the following skills:

  • Reading comprehension - ensure that you draw the most important information from the related currency changes lesson
  • Critical thinking - apply relevant concepts to examine information about currency changes in a different light
  • Interpreting information - verify that you can read information regarding currency changes and interpret it correctly

Additional Learning

Finish the quiz and head over to the currency changes lesson. The partner lesson, How Currency Changes Affect Imports and Exports, will cover the following objectives:

  • Defining imports and exports
  • Providing examples of imports and exports
  • Exploring foreign currencies
  • Understanding the relationship between currency changes and exports
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