ECONOMICS 1 QUESTIONS AND GRADED ANSWERS, 100%
GUARANTEE
Which technologies have made global communication instant and more effective? Check all that
apply.
cell phones
wireless devices
smart phones
automobiles
newspapers - Cell Phones
Wireless devices
Smart Phones
International trade organizations promote free trade by encouraging countries to
maintain their tariffs.
establish their trade quotas.
limit their protectionism policies.
develop their products. -
As of 2013, which of these countries had the highest GDP per capita?
Uganda
the United States
Switzerland
Brazil - Switzerland
, If investors can earn 10 percent interest in an account in Mexico but just 3 percent in the United
States, those investors will most likely
continue to invest in the United States and have no effect on the exchange rate.
want to invest in Mexico and cause the exchange rate to rise.
try to do anything possible to keep the exchange rate from changing.
want to invest in Mexico, which will cause the peso to appreciate. -
The graph below shows the value of the US dollar versus the Canadian dollar.
For the time period shown, the value of the US dollar was generally
rising against the Canadian dollar.
falling against the Canadian dollar.
more than twice that of the Canadian dollar.
about half that of the Canadian dollar. -
Which statement best describes how globalization is affecting the world?
Globalization is growing less important as time passes.
The world is becoming more globalized and connected.
Globalization has resulted in fewer connections among countries.
Countries are growing less likely to trade with one another. -
GUARANTEE
Which technologies have made global communication instant and more effective? Check all that
apply.
cell phones
wireless devices
smart phones
automobiles
newspapers - Cell Phones
Wireless devices
Smart Phones
International trade organizations promote free trade by encouraging countries to
maintain their tariffs.
establish their trade quotas.
limit their protectionism policies.
develop their products. -
As of 2013, which of these countries had the highest GDP per capita?
Uganda
the United States
Switzerland
Brazil - Switzerland
, If investors can earn 10 percent interest in an account in Mexico but just 3 percent in the United
States, those investors will most likely
continue to invest in the United States and have no effect on the exchange rate.
want to invest in Mexico and cause the exchange rate to rise.
try to do anything possible to keep the exchange rate from changing.
want to invest in Mexico, which will cause the peso to appreciate. -
The graph below shows the value of the US dollar versus the Canadian dollar.
For the time period shown, the value of the US dollar was generally
rising against the Canadian dollar.
falling against the Canadian dollar.
more than twice that of the Canadian dollar.
about half that of the Canadian dollar. -
Which statement best describes how globalization is affecting the world?
Globalization is growing less important as time passes.
The world is becoming more globalized and connected.
Globalization has resulted in fewer connections among countries.
Countries are growing less likely to trade with one another. -
