Week 8 – Quiz: 6
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Written Dec 2, 2025 6:16 AM - Dec 2, 2025 6:18 AMAttempt 1 of 2
Attempt Score
Overall Grade (Highest Attempt)
Questions for Quiz 6 (Week 8)
Question 1 points
Tariffs are designed to:
Question options:
Encourage outsourcing of production.
Remove restrictions on international trade.
Increase the price of imported goods to protect domestic industries.
Decrease the cost of imported goods.
Question 2 points
What happens to a country’s imports when its currency appreciates?
Question options:
Imports are eliminated.
Imports become more expensive.
, Imports become cheaper.
Imports remain unaffected.
Question 3 points
An appreciation of a country's currency makes its exports:
Question options:
More competitive in foreign markets.
Unaffected in price.
Cheaper for foreign buyers.
More expensive for foreign buyers.
Question 4 points
A potential cost of international trade for domestic businesses is:
Question options:
Increased competition from foreign firms.
Improved supply chain efficiency.
Access to global markets.
Lower prices for raw materials.
Question 5 points
Trade policies like tariffs and quotas can protect domestic businesses by:
Question options:
Reducing competition from cheaper foreign imports.
Your work has been saved and submitted
Your work has been saved and submitted
Written Dec 2, 2025 6:16 AM - Dec 2, 2025 6:18 AMAttempt 1 of 2
Attempt Score
Overall Grade (Highest Attempt)
Questions for Quiz 6 (Week 8)
Question 1 points
Tariffs are designed to:
Question options:
Encourage outsourcing of production.
Remove restrictions on international trade.
Increase the price of imported goods to protect domestic industries.
Decrease the cost of imported goods.
Question 2 points
What happens to a country’s imports when its currency appreciates?
Question options:
Imports are eliminated.
Imports become more expensive.
, Imports become cheaper.
Imports remain unaffected.
Question 3 points
An appreciation of a country's currency makes its exports:
Question options:
More competitive in foreign markets.
Unaffected in price.
Cheaper for foreign buyers.
More expensive for foreign buyers.
Question 4 points
A potential cost of international trade for domestic businesses is:
Question options:
Increased competition from foreign firms.
Improved supply chain efficiency.
Access to global markets.
Lower prices for raw materials.
Question 5 points
Trade policies like tariffs and quotas can protect domestic businesses by:
Question options:
Reducing competition from cheaper foreign imports.
