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5 Written questions

5 Multiple choice questions

  1. These are the things people cannot live without, such as food, clothing, and shelter.
  2. required payments to government
  3. goods and services that one country sells to another country
  4. a person who uses goods or services
  5. someone who manufactures something

5 True/False questions

  1. distributionthe activity of transporting and selling goods to a store or a consumer

          

  2. debtThose things which make our lives more comfortable but are not needed for survival

          

  3. servicesIntangible products such as education, health care, insurance, recreation, and travel and tourism

          

  4. creditarrangement for deferred payment for goods and services

          

  5. tariffrequired payments to government

          

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