SQA National 5 Economics Global Economic Activity overview quiz quiz
15questions. Pick an answer and you'll see why right away.
An import is best described as:
When a country sells more goods abroad than it buys in, it has a:
Which of the following is a reason countries trade with each other?
A tax placed on imported goods is called a:
A physical limit on the quantity of a good that may be imported is a:
A multinational company is best defined as a firm that:
Which of these is a reason a multinational might locate in a particular country?
Which of the following is a disadvantage of a multinational for a host country?
An exchange rate is:
Appreciation of the pound means the pound:
Using the SPICED rule, a strong pound makes:
If the pound depreciates, UK exports become:
The eurozone is:
Which of these is an emerging economy?
Aid given through an international organisation such as the World Bank is called: