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Unit Test — Unit test Answers

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1
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The Middle East is best associated with which internationally traded product?

A
electronics
B
bananas
C
manufactured goods
D
oil
2
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The graph shows gross domestic product in the US private sector from 2009 to 2017.

Question illustration
T
The economy suffered a setback in 2009 before rebounding in 2011.
T
The economy suffered a setback in 2009 before rebounding in 2010.
T
The economy suffered a setback in 2009 and had not recovered by 2011.
T
The economy suffered setbacks in the years 2009, 2010, and 2011.
3

Read this news report about a planned devaluation of the bolivar, the currency of Venezuela.The president of Venezuela announced that the country would be devaluating the bolivar for the fifth time in nine years. The official rate is falling from 4.3 bolivars to the dollar, to 6.3, a 32% devaluation. By increasing the bolivar value of exports of oil to the US and other nations, the government hopes to alleviate a budget crisis caused by its increasing reliance on borrowing to meet spending obligations.In response to the announcement, the people of Venezuela lined up today to buy televisions, electronics, and airline tickets in order to protect themselves from projected price increases.

A
followed the law of supply and demand.
B
allowed the exchange rate to remain unchanged.
C
increased the number of bolivars needed to buy one dollar.
D
decreased the number of bolivars needed to buy one dollar.
4

The chart below shows an exchange rate table.

Question illustration
A
US dollar.
B
Swiss franc.
C
Japanese yen.
D
euro.
6

Read the conclusion to an informative essay about globalization in China.Globalization has led to economic growth in China, and these changes have in turn led to rising populations and growing industrialization. Data demonstrates that air-pollution levels have grown in many major cities because of these changes. While this growth has led to many improvements in China’s economy, the problem of air pollution must be solved in the future.Which statement best explains why this conclusion is effective?

A
It restates evidence briefly and provides a final opinion.
B
It restates evidence briefly and establishes a new thesis.
C
It cites sources properly and provides a final opinion.
D
It cites sources properly and provides clear examples.
7

What is the purpose of quotas?

A
to ban all imports from a country
B
to ensure specific goods are not available to consumers
C
to limit how much of a good can be imported
D
to keep prices on domestic goods low
8

What is the government’s aim in setting quotas?

A
to create more competition in the market
B
to increase sales of domestic goods
C
to keep tariffs high
D
to limit export of domestic goods
9

How do quotas help domestic producers?

A
Quotas facilitate increased exports of domestic goods.
B
Quotas lower the cost of domestic goods.
C
Quotas limit the number of producers that compete in a sector.
D
Quotas facilitate the sale of more domestic goods.
10

best

A
A US shoe company opens a factory in China and hires Chinese workers to make shoes.
A
A US shoe company opens a factory in the US and hires US workers to make shoes.
A
A US shoe company opens a factory in the US and hires Chinese workers to make shoes.
A
A Chinese shoe company opens a factory in China and hires Chinese workers to make shoes.
11

Which statement best describes how globalization is affecting the world?

A
Globalization is growing less important as time passes.
B
The world is becoming more globalized and connected.
C
Globalization has resulted in fewer connections among countries.
D
Countries are growing less likely to trade with one another.
12

The body paragraphs in an informative essay should include

A
clear examples.
B
a thesis statement.
C
restated evidence.
D
a clear direction.
13

Which region specializes in diamonds?

A
Central America
B
Middle East
C
Europe
D
Sub-Saharan Africa
14

Read the sentence from an informative essay about globalization in China.As urban populations continue to grow, so do the number of citizens who burn coal for fuel.Which detail would provide factual support for this sentence?

A
data about pollution caused by motorized vehicles
B
data about China’s economy in the global marketplace
C
data about population growth in China’s largest city
D
data about the kinds of pollution caused by burning coal
15

A company in Maine sends lobsters to France. What is Maine doing? Select three options. importing productspracticing international tradeexporting productsparticipating in globalizationending their specialization

A
importing products
B
practicing international trade
C
exporting products
D
participating in globalization
E
ending their specialization
16

"technology"

Answer:

33190

17

Read the sentence from an informative essay about globalization in China.Pollution levels in Beijing are improving in some ways thanks to government programs.What would most improve the sentence?

A
adding facts and evidence
B
removing “in Beijing”
C
adding clearer language
D
removing “in some ways”
18

Which situation is the best example of opportunity cost?

A
A country chooses to produce bananas instead of wheat.
B
A country chooses to invest in manufacturing and agriculture.
C
A country chooses to specialize in producing paper products.
D
A country chooses to export all of its products.
19

In regard to trade, the United States

A
imports goods and services only.
B
exports goods and services only.
C
does not import or export goods and services.
D
imports and exports goods and services.
20

Which type of trade barrier is explicitly used for political purposes?

A
standards
B
embargoes
C
quotas
D
tariffs
21

Technologies that allow for instant worldwide communication include

h
high-speed trains and naval ships.
m
mobile phones and Internet access.
a
airplanes and container shipping.
o
outsourcing and new trade markets.

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