Types of Trading Relationships (Grade 11 NSC Matric Geography): Quizzes
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10 questions from this quiz
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Practise the questions
10 questions from this quiz
What is free trade?
What is free trade?
Commerce without govt-imposed barriers
Which is an example of a free trade agreement mentioned?
Which is an example of a free trade agreement mentioned?
NAFTA in North America
What are tariffs?
What are tariffs?
Taxes imposed on imported goods
What tariff did South Africa impose on Chinese t-shirts in 2011?
What tariff did South Africa impose on Chinese t-shirts in 2011?
40%
How do quotas differ from tariffs?
How do quotas differ from tariffs?
Quotas limit quantity, not price
Which commodity is the only major one in the US facing import quotas?
Which commodity is the only major one in the US facing import quotas?
Sugar
How much did the US govt spend on agricultural subsidies in 2010?
How much did the US govt spend on agricultural subsidies in 2010?
$5.9 billion
Which crop receives the highest subsidies?
Which crop receives the highest subsidies?
Corn
Which is a key principle of fair trade?
Which is a key principle of fair trade?
Gender equality in farming cooperatives
How much does Rosie Lembusi now receive per kilogram of coffee?
How much does Rosie Lembusi now receive per kilogram of coffee?
500 shillings