NAME: ________________________

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of 107 available terms

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5 Written Questions

5 Matching Questions

  1. protectionism
  2. Electronic Funds Transfer
  3. Channel of Distribution
  4. copyright
  5. standard work day
  1. a gives artists the sole right to own their creations, such as plays, photos, music, paintings and books
  2. b the practice of putting limits on foreign trade to protect businesses at home
  3. c is the electronic exchange or transfer of money from one account to another, either within a single financial institution or across multiple institutions, through computer-based systems.
  4. d 40 regular hours a week
  5. e A particular way to direct products to consumers

5 Multiple Choice Questions

  1. a limit placed on the quantities of a product that can be imported
  2. gives you the sole right to own an invention
  3. profit from the sale of assets, as bonds or real estate.
  4. when the value of a country's currency goes up compared to another country's
  5. state governments focus on business within each state

5 True/False Questions

  1. exchange ratethe price at which one currency can buy another currency


  2. strong commandstudies how society chooses to use resources to produce and distribute goods and services for people's consumption


  3. Direct DistributionA particular way to direct products to consumers


  4. WholesalerSells goods directly to the customer


  5. mixed economya combination of a market and command economy


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