If the United States limits the amount of imported smartphones coming from China, they are implementing what type of trade barri
er? Question 11 options: Tariff Quota Embargo Tax Question 12 (1 point) Question 12 Unsaved Based on the relationship between literacy rates and per capita GDP, which nation has the Highest literacy rate among its citizens? PER CAPITA GDP: India: $2,563 China: $5,325 Japan: $34,296 Question 12 options: India China Japan Question 13 (1 point) Question 13 Unsaved What conclusion about education in Asia could be made using the information given? Education Spending by Country (% of Gross Domestic Product) South Korea: 4.2% Japan: 3.6% China: 2.5% Indonesia: 1.2% -Source: United Nations Development Programme Question 13 options: Japan values education less than China South Korean education probably receives more funding than education in China People in Indonesia spend more time reading than working China spends more money on military than education Question 14 (1 point) Question 14 Unsaved There are both Pure Markets and Pure Command economies in the world today. Question 14 options: True False Question 15 (1 point) Question 15 Unsaved A problem that faces Japan’s economy even today is Question 15 options: A lack of trading partners A lack of natural resources Too much money spent on military Low literacy rates Question 16 (1 point) Question 16 Unsaved An example of human capital is Question 16 options: Training of workers Healthcare for workers Employee Gym All of the above Question 17 (1 point) Question 17 Unsaved Bill is attending school in Japan. He has only U.S. dollars but needs to buy food every day. What does Bill need to do? Question 17 options: Buy some Japanese Yen from a street vendor Trust the local store to give him the value of his dollars in Yen Exchange his dollars for Yen based on the current exchange rate Use his U.S. dollars anyway Question 18 (1 point) Question 18 Unsaved South Korea exports many of the parts that are on the cars we drive each day. Luckily, there are safety regulations in place to make sure these parts are safe for us to use. South Korea has what type of economic system? Question 18 options: Traditional Pure Market Mixed Market Command Question 19 (1 point) Question 19 Unsaved India currently has a command economy. Question 19 options: True False Question 20 (1 point) Question 20 Unsaved China's economy Question 20 options: was once pure command . has more government control than India but is moving towards more mixed market . is still a Pure Command economy. does not allow any privately owned business.
