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Govt/econ 2
Test Description: Govt/econ 2
Instructions: Answer all questions to get your test result.
1) exchange of goods or services
A
capital
B
currency
C
tariff
D
trade
2) money
A
currency
B
trade
C
tarrif
D
capital
3) country produces goods and services they can best and most efficiently produce
A
specialization
B
tariff
C
embargo
D
trade
4) a physical asset used to produce goods and services
A
quota
B
tariff
C
capital
D
embargo
5) people who use their money and talents to start a new business
A
entrepreneur
B
citizen
C
trade
D
president
6) government in which the central government holds all the power
A
unitary
B
conderation
C
federal
D
democratic
7) a group of states united for a common purpose
A
unitary
B
federal
C
democratic
D
confederation
8) type of government in which states designate control to a central authority
A
democratic
B
federal
C
unitary
D
confederation
9) one person ruling with unlimited power
A
autocratic
B
democratic
C
oligarchic
D
confederation
10) government of the few, usually ruled by the wealthy
A
autocratic
B
oligarchic
C
democratic
D
confederation
*select an answer for all questions
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