Latin America 2: Question Preview (ID: 10706)


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In which of the following types of government is power shared between central and regional authorities?
a) Oligarchy
b) Federal
c) Unitary
d) Confederation

In which of the following types of government does a small group make all political decisions for its citizens?
a) Autocracy
b) Democracy
c) Unitary
d) Oligarchy

All citizens can vote in which of the following governments?
a) Oligarchy
b) Democracy
c) Autocracy
d) Federal

People own land, factories, and businesses in which of the following economic systems?
a) Command
b) Traditional
c) Democracy
d) Market

In which of the following economic systems does one central authority decided what is produced?
a) Market
b) Unitary
c) Command
d) Traditional

Which of the following is a tax on foreign goods?
a) Import
b) Trade embargo
c) Quota
d) Tariff

The United States refuses to trade with Cuba. The United States has a ______________________ with Cuba.
a) Quota
b) Trade embargo
c) Tariff
d) Subsidy

Which of the following is not true about NAFTA?
a) It was a trade agreement
b) It was signed by Mexico, the United States, and Canada
c) It created trade tariffs
d) It lowered trade barriers

Factories and technology are examples of:
a) Human capital
b) Physical capital
c) Opportunity cost
d) Gross domestic product

Education and training are examples of:
a) Human capital
b) Physical capital
c) Opportunity cost
d) Gross domestic product

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