Quiz: Internacional Trade

Yes or No

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About this activity

True/false questions about trade and agreements.

Created by

FRANCIS BARRIA

Panama

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1	FRANCIS BARRIA November 18, 2025	% 70	03:52

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Quiz: Internacional TradeOnline version True/false questions about trade and agreements. by FRANCIS BARRIA 1 NAFTA came into effect on January 1, 1994, and sought to eliminate barriers between the US, Canada, and Mexico. Yes No 2 The European Union does not have a common currency and uses national currencies exclusively. Yes No 3 GATT had enforcement powers to compel countries to comply with its rules. Yes No 4 International trade is measured by the trade balance, which is the difference between exports and imports. Yes No 5 Tariffs are always used only to raise revenue and never to protect jobs. Yes No 6 A protective tariff aims to increase the price of imported goods in order to favor domestic production. Yes No 7 The European Union was formed in 2005. Yes No 8 The World Trade Organization (WTO) was formed in 1995 to replace GATT. Yes No 9 The objective of NAFTA was to maintain all trade barriers between the three countries. Yes No 10 An embargo is a total ban on certain goods entering or leaving a country. Yes No

Quiz: Internacional TradeOnline version

True/false questions about trade and agreements.

by FRANCIS BARRIA

NAFTA came into effect on January 1, 1994, and sought to eliminate barriers between the US, Canada, and Mexico.

Yes

The European Union does not have a common currency and uses national currencies exclusively.

Yes

GATT had enforcement powers to compel countries to comply with its rules.

Yes

International trade is measured by the trade balance, which is the difference between exports and imports.

Yes

Tariffs are always used only to raise revenue and never to protect jobs.

Yes

A protective tariff aims to increase the price of imported goods in order to favor domestic production.

Yes

The European Union was formed in 2005.

Yes

The World Trade Organization (WTO) was formed in 1995 to replace GATT.

Yes

The objective of NAFTA was to maintain all trade barriers between the three countries.

Yes

An embargo is a total ban on certain goods entering or leaving a country.

Yes

You can integrate the game into an LMS compatible with LTI 1.1 or LTI 1.3 such as Canvas, Moodle, or Blackboard. This way, the scores will be automatically saved into the platform’s gradebook.

Quiz: Internacional Trade

Yes or No

About this activity

Created by

Download the paper version to play

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Yes or No

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Quiz: Internacional TradeOnline version

by FRANCIS BARRIA

NAFTA came into effect on January 1, 1994, and sought to eliminate barriers between the US, Canada, and Mexico.

The European Union does not have a common currency and uses national currencies exclusively.

GATT had enforcement powers to compel countries to comply with its rules.

International trade is measured by the trade balance, which is the difference between exports and imports.

Tariffs are always used only to raise revenue and never to protect jobs.

A protective tariff aims to increase the price of imported goods in order to favor domestic production.

The European Union was formed in 2005.

The World Trade Organization (WTO) was formed in 1995 to replace GATT.

The objective of NAFTA was to maintain all trade barriers between the three countries.

An embargo is a total ban on certain goods entering or leaving a country.

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