AnswersMA-US History II CRUnit Test

Economic Systems and Daily Life Answers

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1
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How does international trade lead to specialization?

A
Countries become more dependent on each other for buying and selling manufactured goods.
B
Labor can be outsourced cheaply to other countries, which brings down production costs.
C
Countries can make the best use of resources by buying what they don’t have from other nations
D
Industries begin to compete to offer the best prices and increase demand.
2
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Which is the best definition of the term outsource?

A
an economic activity without major restrictions
B
the use of foreign resources instead of domestic resources
C
a hiring process by a company that does business in two or more nations
D
the trend toward a world that is more interconnected by technology, trade, and travel
3

This bar graph shows US imports from and exports to Mexico from 1985–2015. Based on this graph, which are accurate statements about US trade with Mexico since the time NAFTA was signed? Check all that apply. The value of US exports to and imports from Mexico have grown at the same pace. US exports to Mexico have increased. US imports from Mexico have increased. The US imports more from Mexico than it exports. US trade with Mexico increased dramatically.

Question illustration
A
The value of US exports to and imports from Mexico have grown at the same pace.
B
US exports to Mexico have increased.
C
US imports from Mexico have increased.
D
The US imports more from Mexico than it exports.
E
US trade with Mexico increased dramatically.
4

Which are negative aspects of globalization? Check all that apply. a loss of regional jobsa loss of individual culturesa loss of social awarenessan increase in environmental problemsa rise in health risks

A
a loss of regional jobs
B
a loss of individual cultures
C
a loss of social awareness
D
an increase in environmental problems
E
a rise in health risks
5

What role did social media play in politics in Iran in 2009?

A
It was used to show support for the Islamic regime change.
B
It was used as a way to protest the results of the election.
C
It was used as a means of advertising candidate platforms.
D
It was used to protest the US influence on Iranian leadership.
6

This graph shows the US-Ghana trade relationship. Which statement best describes the trade relationship between the US and Ghana?

Question illustration
A
The US has a trade surplus with Ghana.
B
The US has a trade deficit with Ghana.
C
The US has greater purchasing power parity (PPP) than Ghana.
D
Ghana has greater purchasing power parity (PPP) than the US.
7

This table shows select US trading partners for 2015. According to the chart, with which countries did the US have a trade surplus in 2015? Check all that apply.JapanAustraliaBrazil GermanyRussia

Question illustration
A
Japan
B
Australia
C
Brazil
D
Germany
E
Russia
8

How do consumers ALL benefit from international trade?

A
They profit from global outsourcing.
B
They can use social media to spread information.
C
They gain purchasing power parity.
D
They have access to greater purchasing options.
9

This graph shows the US-Ghana trade relationship. In which year did the US run a trade deficit with Ghana?

Question illustration
A
1992
B
1996
C
2000
D
2004
10

Which US president signed NAFTA into law?

A
Ronald Reagan
B
Bill Clinton
C
George W. Bush
D
Barack Obama

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