Anyone help me with a history study guide?

[Alexis Davina]

Hi, I am suppose to take this quiz that has the elaborated versions to these questions on the quiz. Problem is, I don't understand them. Can you guys please help me? YOu will be rewarded the best answer!


1. Gross Domestic Product is a primary characteristic in determining the strength of a country's economy. (Points : 1)
True
False





Question 2. 2. Command economies are those in which the government or other central authority makes decisions and determines how resources will be used. (Points : 1)
True
False





Question 3. 3. While the United States ranks as the most competitive economy, with the highest GDP, it has been experiencing lower levels of economic growth than other major economies. (Points : 1)
True
False





Question 4. 4. Which of the following nations is a member of the North American Free Trade Agreement? (Points : 3)
United States
Mexico
Canada
all of the above





Question 5. 5. Which of these statements best reflects the positive impact of NAFTA on the Mexican economy? (Points : 3)
allows for more industrial production though American investment
decreases values of salaried positions
destabilizes social programs for the poor
none of the above





Question 6. 6. Which of these economic systems is most able to quickly respond to changing conditions? (Points : 3)
free market
command
mixed
all of the above





Question 7. 7. Which of these anagrams is used to refer to the group of nations considered to have the fastest developing economies in the world? (Points : 3)
EU
NAFTA
BRIC
OPEC





Question 8. 8. A trade surplus occurs when which of the following market scenarios takes place? (Points : 3)
A nation imports more than it exports.
A nation exports more than it imports.
A nation borrows more money than it can pay back.
A nation produces more than it can trade.





Question 9. 9. Which of these nations is considered one of the most successful and fastest growing mixed-economy systems? (Points : 3)
United Kingdom
Canada
China
Iran





Question 10. 10. Which of the following is the primary sector of employment in African countries? (Points : 3)
manufacturing
agriculture
exports
mining





Question 11. 11. Which of the following measurements is used in determining the overall development of a country? (Points : 3)
GDP
literacy rate
life expectancy
all of the above





Question 12. 12. Which of these economic organizations also operates as a political and social organization? (Points : 3)
EU
NAFTA
BRIC
OPEC

[Chris]

1. true
2.true
3.true
4. D
5. A
6. B
7. C
8. B
9. C
10. B
11. D
12. A