Unit 5 Test

Question 1

The purpose of an outline for an informative essay is to

Revolt · Accepted Answer

explain the essay’s structure.

Question 2

What kind of advantage does a country have if it can make a product more efficiently?

Revolt · Accepted Answer

an absolute advantage.

Question 3

What role does competition play in international trade?

Revolt · Accepted Answer

It drives down prices for consumers.

Question 4

Why do most countries both export and import goods?

Revolt · Accepted Answer

to get a good mix of goods and services

Question 5

International trade organizations promote free trade by encouraging countries to

Revolt · Accepted Answer

reduce their trade barriers.

Unit 5 Test Answers