Which term refers to the type of buying and selling that takes place within a country?

Question

(1 point)
Responses

free trade

free trade

international trade

international trade

productivity

productivity

domestic trade

domestic trade

Answer 1

domestic trade

Answer 2

Why do countries trade goods and services?

(1 point)
Responses

because they want to reduce interdependence

because they want to reduce interdependence

because they do not have all the goods and resources they need

because they do not have all the goods and resources they need

because they want to help other countries grow

because they want to help other countries grow

because they want to protect domestic industries from competition

Answer 3

because they do not have all the goods and resources they need.

Answer 4

Which of the following is a way to increase economic development?

(1 point)
Responses

raising taxes

raising taxes

investing in education

investing in education

limiting trade

limiting trade

lowering wages

Answer 5

investing in education

Answer 6

Which of the following are examples of trade barriers? Select the three correct answers.

(1 point)
Responses

advantages

advantages

tariffs

tariffs

embargoes

embargoes

quotas

quotas

comparatives

Answer 7

tariffs, embargoes, quotas

Answer 8

Which of the following geographic features would most likely have a negative impact on the trade of a country?

(1 point)
Responses

rivers

rivers

irregular coastline

irregular coastline

plains

plains

mountains

Answer 9

mountains