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5 Written questions

5 Multiple choice questions

  1. the activity of transporting and selling goods to a store or a consumer
  2. goods and services that one country sells to another country
  3. things that are bought and sold
  4. we rely on others, and others rely on us, to provide the goods and services that we consume
  5. a person who uses goods or services

5 True/False questions

  1. economythe study of how people seek to satisfy their needs and wants by making choices


  2. wantsrequired payments to government


  3. taxesrequired payments to government


  4. tarifftax on imported goods


  5. servicestax on imported goods


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