Latin America 2 Question Preview (ID: 10706)
Begin This Test After Completing Latin America 1.
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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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