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Test your understanding with targeted questions related to the topic.
Question 1
Easy
Define international trade.
π‘ Hint: Think about the word 'international' meaning between countries.
Question 2
Easy
What are exports?
π‘ Hint: Think about products you might send abroad.
Practice 4 more questions and get performance evaluation
Engage in quick quizzes to reinforce what you've learned and check your comprehension.
Question 1
What is international trade?
π‘ Hint: It involves exports and imports.
Question 2
True or False: A favourable balance of trade means imports exceed exports.
π‘ Hint: Consider which is the more beneficial situation.
Solve 1 more question and get performance evaluation
Push your limits with challenges.
Question 1
Evaluate the potential economic impact of a country's decision to restrict imports.
π‘ Hint: Consider how supply and demand are affected.
Question 2
Discuss how globalization affects international trade dynamics.
π‘ Hint: Think about the term 'global village' in relation to trade.
Challenge and get performance evaluation