nationalsecurityissuethe reasonfor the creationof theU.S. NationalHelium ReserveHighercosts toconsumerstariffs viahigher pricesfor importedgoods cancauseeconomicinequalityThe unequaldistribution ofincomebetween theparticipants inan economy.ProtectionismProtectingyour owncountry'sindustriesand workersTheSunbeltsomesouthernwarmerstates areknown asdeadweightlossThe cost tosocietycreated bymarketinefficiencyTrueHigh incomecountries spendmuch more onsubsidies to theirown farmers thanon aid to poorcountries.InfantindustryProtectionismpolicies aresometimesput in placeto protecteuro The commoncurrencyused by manycountries of theEuropean UnionspecializationConcentratingproductiveefforts onproducing alimited varietyof goods.weakdollarcan makeproducts lessexpensive toforeignbuyersImportA goodpurchasedand brought infrom anothercountryflexibleexchangerateA currency systemthat allows theexchange rate tobe determined bysupply anddemandQuotaWhen a countrysets a limit onthe amount ofgoods broughtinto a countrydollarindexlaw ofcomparativeadvantageA nation is betteroff when itproduces goodsfor which it has acomparativeadvantage.Exchangeratethe value ofone currencywhenconverting toanothercurrencycapitalflight The rapidmovement ofinvestmentsout of acountrytradesurplusThe amount bywhich the value ofa country's exportsexceeds the valueof its importscollateralSomethingpledged assecurity forrepayment ofa loanexportA good sentto anothercountry forsaleTheRustbeltprimarilycenteredaround theMidwestmutuallybeneficialexchangeTrade that addsbenefit orvalue to allparties involvedmegacitiesCities thathave apopulation inexcess of 10million peoplenationalsecurityissuethe reasonfor the creationof theU.S. NationalHelium ReserveHighercosts toconsumerstariffs viahigher pricesfor importedgoods cancauseeconomicinequalityThe unequaldistribution ofincomebetween theparticipants inan economy.ProtectionismProtectingyour owncountry'sindustriesand workersTheSunbeltsomesouthernwarmerstates areknown asdeadweightlossThe cost tosocietycreated bymarketinefficiencyTrueHigh incomecountries spendmuch more onsubsidies to theirown farmers thanon aid to poorcountries.InfantindustryProtectionismpolicies aresometimesput in placeto protecteuro The commoncurrencyused by manycountries of theEuropean UnionspecializationConcentratingproductiveefforts onproducing alimited varietyof goods.weakdollarcan makeproducts lessexpensive toforeignbuyersImportA goodpurchasedand brought infrom anothercountryflexibleexchangerateA currency systemthat allows theexchange rate tobe determined bysupply anddemandQuotaWhen a countrysets a limit onthe amount ofgoods broughtinto a countrydollarindexlaw ofcomparativeadvantageA nation is betteroff when itproduces goodsfor which it has acomparativeadvantage.Exchangeratethe value ofone currencywhenconverting toanothercurrencycapitalflight The rapidmovement ofinvestmentsout of acountrytradesurplusThe amount bywhich the value ofa country's exportsexceeds the valueof its importscollateralSomethingpledged assecurity forrepayment ofa loanexportA good sentto anothercountry forsaleTheRustbeltprimarilycenteredaround theMidwestmutuallybeneficialexchangeTrade that addsbenefit orvalue to allparties involvedmegacitiesCities thathave apopulation inexcess of 10million people

Econ Unit 7 Bingo - Call List

(Print) Use this randomly generated list as your call list when playing the game. There is no need to say the BINGO column name. Place some kind of mark (like an X, a checkmark, a dot, tally mark, etc) on each cell as you announce it, to keep track. You can also cut out each item, place them in a bag and pull words from the bag.


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  1. the reason for the creation of the U.S. National Helium Reserve
    national security issue
  2. tariffs via higher prices for imported goods can cause
    Higher costs to consumers
  3. The unequal distribution of income between the participants in an economy.
    economic inequality
  4. Protecting your own country's industries and workers
    Protectionism
  5. some southern warmer states are known as
    The Sunbelt
  6. The cost to society created by market inefficiency
    deadweight loss
  7. High income countries spend much more on subsidies to their own farmers than on aid to poor countries.
    True
  8. Protectionism policies are sometimes put in place to protect
    Infant industry
  9. The common currency used by many countries of the European Union
    euro
  10. Concentrating productive efforts on producing a limited variety of goods.
    specialization
  11. can make products less expensive to foreign buyers
    weak dollar
  12. A good purchased and brought in from another country
    Import
  13. A currency system that allows the exchange rate to be determined by supply and demand
    flexible exchange rate
  14. When a country sets a limit on the amount of goods brought into a country
    Quota
  15. dollar index
  16. A nation is better off when it produces goods for which it has a comparative advantage.
    law of comparative advantage
  17. the value of one currency when converting to another currency
    Exchange rate
  18. The rapid movement of investments out of a country
    capital flight
  19. The amount by which the value of a country's exports exceeds the value of its imports
    trade surplus
  20. Something pledged as security for repayment of a loan
    collateral
  21. A good sent to another country for sale
    export
  22. primarily centered around the Midwest
    The Rustbelt
  23. Trade that adds benefit or value to all parties involved
    mutually beneficial exchange
  24. Cities that have a population in excess of 10 million people
    megacities