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Location Latin America
Test Description: What do you know about economics?
Instructions: Answer all questions to get your test result.
1) Which metal is mined more in Mexico than anywhere else?
A
copper
B
lead
C
iron
D
silver
2) Which country has about three-fourths of the trade with Mexico?
A
Venezuela
B
Guyana
C
United States
D
Brazil
3) What is a major reason that few Venezuelans are farmers?
A
Venezuela is able to buy the food it needs from other countries.
B
Venezuela trades with Guyana, Brazil, and Colombia for food.
C
There is little arable land.
D
There is too much rain.
4) The warm climate of Mexico and Venezuela is MOST helpful to which of its industries?
A
oil
B
fishing
C
tourism
D
health care
5) What is one problem with depending on oil exports for most of a country’s income?
A
When the price of oil goes down, the country begins to run low on money.
B
Most countries do not need to purchase oil.
C
Most countries produce the oil they need.
D
When the price of oil goes up, the country cannot afford to sell oil.
6) Which natural resource is an important export for Brazil?
A
cars
B
shoes
C
sugar cane
D
iron ore
7) Why does Brazil have a fast-growing tourism industry?
A
Most Brazilians live within 200 miles of the coast.
B
Most Brazilians live in urban areas and need jobs.
C
Brazil has many cities scattered across the country that tourists enjoy visiting.
D
Brazil has many natural wonders that cannot be found anywhere else in the world.
8) What has been the major export for Cuba for the past two hundred years?
A
fish
B
coffee
C
fruits
D
sugar
9) Which product does Venezuela provide at a reduced cost to Cuba?
A
wheat
B
sugar cane
C
oil
D
fish
10) Who is Brazil’s largest trading partner?
A
Guyana
B
United States
C
Cuba
D
Venezuela
*select an answer for all questions
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