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5 Written questions

5 Multiple choice questions

  1. goods and services that one country sells to another country
  2. a person who uses goods or services
  3. the study of how people seek to satisfy their needs and wants by making choices
  4. tax on imported goods
  5. the activity of transporting and selling goods to a store or a consumer

5 True/False questions

  1. basic needsIntangible products such as education, health care, insurance, recreation, and travel and tourism

          

  2. economic interdependencethe study of how people seek to satisfy their needs and wants by making choices

          

  3. goodsthings that are bought and sold

          

  4. producersomeone who manufactures something

          

  5. wantsThose things which make our lives more comfortable but are not needed for survival