AnswersEA Academy Civics 9Globalization and International Trade

Globalization and International Trade — Unit test Answers

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21
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What is a tax imposed by the government?

A
money that workers receive from their employers
B
money that the government pays out to its citizens
C
money that the government has left over after yearly spending
D
money that citizens pay to help the government pay for its programs
22
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Which describes a country with a diversified economy?

A
one that has many social programs to help its citizens
B
one that imports most of its goods from other countries
C
one that has many different types of goods and services to offer
D
one that has citizens from many different cultural backgrounds
23

Priyanka and Gabby started a business in the United States that makes beautiful scarves. They found a beautiful fabric from a textile manufacturer in Bangladesh that they want to use, but the manufacturer only accepts payment in Bangladeshi toka, the currency of that country.

A
They can open an additional business office in Bangladesh.
B
They can use local fabric instead of the Bangladeshi fabric.
C
They can use a currency exchange to change their dollars into Bangladeshi toka.
D
They can ask the textile factory to accept American dollars instead of Bangladeshi toka.
24

What would most likely happen if Congress stopped funding Head Start?

A
The children’s families would be able to pay for preschools and other services.
B
Other private programs would provide free preschool and services for these children.
C
The children in the program would not have the advantages of preschool and other services.
D
The children in the program could easily catch up once they started a public kindergarten.
25

Jarrod is looking for a pickup truck for his small US-based business. He wants to buy a truck made in another country. When he goes to the dealership, he discovers that the price of the foreign-made truck is higher than US-made trucks. When he asks the salesperson about the higher price, the salesperson replies that it is because of a US tariff placed on foreign-made trucks.

A
It makes shipping trucks to the United States more expensive.
B
It is added to the price of foreign-made trucks sold in the US.
C
It increases the cost of building trucks for the US market.
D
It is added to the price of all trucks sold in the United States.

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