Trade Quiz

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1. What is a trade deficit?

  • When a country's dildos are greater than imports
  • When a country's exports are greater than imports
  • When a country's imports are greater than exports
  • When a country's imports are dildos lol
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2. What is a tarrif?

  • A grant of money given to a producer
  • A limit on an importable good/service
  • A tax on imported goods/service
  • A ban on an imported good/service

3. What does APEC stand for?

  • Australia-Pacific Economic Co-opertation
  • Australia-Pacific Economic Corporation
  • Australia-Papua New Guinea Economic Corporation
  • Australian Peoples' Economic Co-operation

4. What is a bilateral trade agreement?

  • An agreement between two states/territories
  • An agreement between ur mum & my dik
  • An agreement between two countries
  • An agreement between three or more countries

5. What is an export?

  • Weeeeeeeeeee
  • Good or service bought from another country
  • Good or service sold to another country
  • An egg

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