Trade
Muhtasari
Every country in the world trades with others, but that trade is rarely completely free. Governments use tariffs, quotas and other restrictions to protect domestic industries, shape their economies and respond to political pressures. Understanding why and how they do this is central to commerce.
In this lesson you will explore the main methods of trade protection, weigh up the arguments for and against restricting imports, and learn how exchange rates are determined and calculated. You will see how a rising or falling currency changes the cost of imports and exports, and why exchange rate movements matter to every business involved in international trade.
Malengo
- Understand trade protection: tariffs, quotas and trade restrictions, and their impact
- Understand exchange rates: foreign exchange markets, calculation of exchange rates, exchange rate changes, impact of appreciation and depreciation of currency on international trade
Maelezo ya Somo
Inapatikana kwenye programu ya Green Bridge
Pakua programu ya Green Bridge CBT kwenye simu yako au kompyuta yako ili kupata maelezo kamili ya masomo, maswali ya mazoezi, na mengi zaidi.
Tathmini ya Somo
Hongera kwa kukamilisha somo la Trade. Sasa kwa kuwa umechunguza dhana na mawazo muhimu, ni wakati wa kuweka ujuzi wako kwa mtihani. Sehemu hii inatoa mazoezi mbalimbali maswali yaliyoundwa ili kuimarisha uelewaji wako na kukusaidia kupima ufahamu wako wa nyenzo.
Utakutana na mchanganyiko wa aina mbalimbali za maswali, ikiwemo maswali ya kuchagua jibu sahihi, maswali ya majibu mafupi, na maswali ya insha. Kila swali limebuniwa kwa umakini ili kupima vipengele tofauti vya maarifa yako na ujuzi wa kufikiri kwa makini.
Tumia sehemu hii ya tathmini kama fursa ya kuimarisha uelewa wako wa mada na kubaini maeneo yoyote ambapo unaweza kuhitaji kusoma zaidi. Usikatishwe tamaa na changamoto zozote utakazokutana nazo; badala yake, zitazame kama fursa za kukua na kuboresha.
- Which of the following is a method of trade protection? A) Advertising B) Tariff C) Exchange rate D) Dividend Answer: B
- A quota limits: A) The price of exports B) The quantity of imports C) The exchange rate D) The rate of inflation Answer: B
- If the exchange rate changes from 1 GBP = 1.50 USD to 1 GBP = 1.80 USD, the pound has: A) Depreciated B) Appreciated C) Stayed the same D) Been devalued by the government Answer: B
- When a currency depreciates, what happens to the price of that country's exports for foreign buyers? A) They become more expensive B) They become cheaper C) They stay the same D) They are no longer available Answer: B
- Which argument supports the use of tariffs to protect a new industry? A) It keeps prices low for consumers B) It gives infant industries time to grow C) It increases the range of imports available D) It reduces government revenue Answer: B
Inapatikana kwenye programu ya Green Bridge
Pakua programu ya Green Bridge CBT kwenye simu yako au kompyuta yako ili kupata maelezo kamili ya masomo, maswali ya mazoezi, na mengi zaidi.
Inapatikana kwenye programu ya Green Bridge
Pakua programu ya Green Bridge CBT kwenye simu yako au kompyuta yako ili kupata maelezo kamili ya masomo, maswali ya mazoezi, na mengi zaidi.
Vitabu Vinavyopendekezwa
Fanya Mazoezi ya Maswali ya Majaribio
Ungependa kufanya mazoezi ya maswali ya majaribio kuhusu Trade? Pakua programu ya Green Bridge CBT ili kupata maswali ya majaribio na tathmini kamili za mazoezi kuhusu mada hii.
Pakua Programu Kwenye Google Playstore
Kila kitu unachohitaji ili kufaulu katika JAMB, WAEC & NECO.
