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

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

tariffs

embargoes

quotas

comparatives

Answer 7

The three correct answers are:
- 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