Lesson 3.2.1.3
3.2.1.3 International trade and access to markets Quiz: AQA Geography, Unit 2
20 questions
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Lesson 3.2.1.3, International trade and access to markets: 20 multiple choice questions for the AQA Geography (7037), Unit 2: Human geography, written with Revision Ninja.
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The 20 questions
-
What term describes the exchange of capital, goods and services between different countries?
- Bilateral aid
- Domestic commerce
- Foreign direct investment
- International trade
-
Which category of country accounts for the highest volume of global trade?
- Least developed states
- Developed economies
- Low-income countries
- Small island states
-
Which country is classified as a major emerging economy in global trade patterns?
- New Zealand
- Chad
- China
- Germany
-
What causes differential access to international markets for developing nations?
- High trade tariffs
- Equal export subsidies
- Open border policies
- Free trade agreements
-
What tax is placed on imported goods to restrict access to domestic markets?
- Subsidy
- Dividend
- Remittance
- Tariff
-
What type of enterprise operates production facilities and offices in multiple countries?
- Local workers cooperative
- Public sector business
- Transnational corporation
- Non-governmental organisation
-
Where are administrative headquarters of transnational corporations predominantly located?
- Agricultural regions
- Developed countries
- Export processing zones
- Low-income countries
-
What key economic benefit do transnational corporations typically bring to host countries?
- Agricultural subsidies
- Import trade tariffs
- Export border embargos
- Foreign direct investment
-
What network links raw material extraction, manufacturing and retailing across different countries?
- Global supply chain
- Domestic quota system
- Regional customs union
- Bilateral trade treaty
-
How does international trade directly impact consumers in high-income countries?
- Mandatory export quotas
- Guaranteed employment
- Lower product prices
- Universal basic income
-
What major risk affects primary commodity exporters in developing nations?
- Price volatility
- Fixed exchange rates
- Import quotas
- Guaranteed subsidies
-
What primary factor determines a country's level of access to global markets?
- Land area
- Resource scarcity
- Population size
- Trade agreements
-
What main risk do trade agreements pose to domestic firms in developing countries?
- Currency appreciation
- Trade embargoes
- Higher tariffs
- Foreign competition
-
What term describes manufacturing products across several countries before selling in international markets?
- Global value chains
- Bilateral quotas
- Trade embargoes
- Import substitution
-
What dominates the trade volume between large, highly developed economies?
- Agricultural goods
- Primary commodities
- High-value services
- Raw materials
-
What type of export typically flows from less developed to highly developed economies?
- Financial services
- Consumer electronics
- Advanced machinery
- Primary commodities
-
What negative societal impact often results from the gains of global trade?
- Economic inequality
- Resource depletion
- Hyperinflation
- Trade deficits
-
What term describes a nation exporting raw materials while importing high-value manufactured goods?
- Trade surplus
- Circular economy
- Primary product dependence
- Export-led growth
-
How is the total volume of international trade primarily measured for a country?
- Combined export-import value
- Gross national debt
- Net migration rate
- Total tariff revenue
-
What is a major advantage for producers gaining access to global markets?
- Larger consumer base
- Zero transport costs
- Lower wage demands
- Guaranteed fixed prices
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