Study

Social Review

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  • The following is used primarily to raise government revenue without restricting imports significantly?
    Revenue tariff
  • To find exact location of something.
    Locate
  • A formal offer to supply goods or do work at a stated price; a bid.
    Tender
  • The following indicates both the wind direction and wind speed or wind velocity.
    Aerovane
  • What does ASEAN stand for?
    Association of Southeast Asian Nations
  • What does WTO stand for?
    World Trade Organization
  • What do we call goods bought from other countries for domestic use?
    Imports
  • It is the ability of one country to produce more output per unit of input than can another country.
    Absolute advantage
  • It is the ability of a country to produce a product, not only in a greater quantity but also at a lower opportunity cost than another country.
    Comparative advantage
  • The following is designed to raise the cost of imported goods and thereby protect domestic producers.
    Protective tariff
  • What does GPS stand for?
    Global Positioning System
  • The quality or state of being steady and not changing.
    Stability
  • What does GIS stand for?
    Geographic information system
  • The ability or qualities necessary to do something.
    Capability
  • What does make it easy to find and describe the location of a place on a map?
    Grid