SS7 Unit 5 Summative -- Governments of Southwest Asia
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Last updated about 3 years ago
20 questions
For each question, choose the BEST answer. You may listen to the audio to have the questions and choices read to you.
Required
5 points
5
Question 1
1.
What 3 economic questions are asked when studying the similarities of traditional, command, market, and mixed economies among nations of the world?
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Question 2
2.
What is "Specialization"?
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Question 3
3.
Why is specialization so valuable to international trade today?
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Question 4
4.
Saudi Arabia specializes in the production of...
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Question 5
5.
Why has Israel specialized in the area of technology?
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Question 6
6.
The economies of Israel, Saudi Arabia, Turkey and Iran can best be describes as...
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Question 7
7.
In a traditional economy, how are economic decisions made?
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Question 8
8.
Why was OPEC created?
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Question 9
9.
What happens to the price of oil when OPEC countries decide to reduce production?
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Question 10
10.
What is the definition of Gross Domestic Product (GDP)?
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Question 11
11.
Which Southwest Asian country's businesses are under the LEAST amount of government control?
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Question 12
12.
Tariffs and quotas are alike because they both _______________________.
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Question 13
13.
In 1973, Southwest Asian countries stopped exporting oil to the United States in protest against the US's support of Israel. What type of trade barrier is this?
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Question 14
14.
The relationship between the literacy rate and standard of living in Southwest Asia is ____________.
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Question 15
15.
If Saudi Arabia's government puts a limit on how much Israeli Dead Sea salt it will import this year, what trade barrier is this?
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Question 16
16.
Which of the following would reflect Israel's mixed economy?
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Question 17
17.
Syria has not built new factories or used new technology in many years. What is the country NOT investing in?
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Question 18
18.
A person who takes risks by starting a new business is known as a(n)....
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Question 19
19.
Herman lives in a country that allows citizens to vote for representatives who make government decisions. Specifically, Herman votes for the Chief Executive who runs the military and handles foreign relations and the legislature who make laws.
What type of government does Herman live in?
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5 points
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Question 20
20.
You are the chief executive in your country's democratically elected national government. You came to power in the last election after your political party won a majority of seats in the national legislature. As the leader of your political party, you were chosen to be the head of government by the legislature.