TheSunbeltsomesouthernwarmerstates areknown asProtectionismProtectingyour owncountry'sindustriesand workersweakdollarcan makeproducts lessexpensive toforeignbuyerscapitalflight The rapidmovement ofinvestmentsout of acountryeuro The commoncurrencyused by manycountries of theEuropean UnionTrueHigh incomecountries spendmuch more onsubsidies to theirown farmers thanon aid to poorcountries.mutuallybeneficialexchangeTrade that addsbenefit orvalue to allparties involvedeconomicinequalityThe unequaldistribution ofincomebetween theparticipants inan economy.tradesurplusThe amount bywhich the value ofa country's exportsexceeds the valueof its importsImportA goodpurchasedand brought infrom anothercountryExchangeratethe value ofone currencywhenconverting toanothercurrencyTheRustbeltprimarilycenteredaround theMidwestmegacitiesCities thathave apopulation inexcess of 10million peopleInfantindustryProtectionismpolicies aresometimesput in placeto protectspecializationConcentratingproductiveefforts onproducing alimited varietyof goods.law ofcomparativeadvantageA nation is betteroff when itproduces goodsfor which it has acomparativeadvantage.collateralSomethingpledged assecurity forrepayment ofa loandollarindexexportA good sentto anothercountry forsaledeadweightlossThe cost tosocietycreated bymarketinefficiencyQuotaWhen a countrysets a limit onthe amount ofgoods broughtinto a countrynationalsecurityissuethe reasonfor the creationof theU.S. NationalHelium ReserveHighercosts toconsumerstariffs viahigher pricesfor importedgoods cancauseflexibleexchangerateA currency systemthat allows theexchange rate tobe determined bysupply anddemandTheSunbeltsomesouthernwarmerstates areknown asProtectionismProtectingyour owncountry'sindustriesand workersweakdollarcan makeproducts lessexpensive toforeignbuyerscapitalflight The rapidmovement ofinvestmentsout of acountryeuro The commoncurrencyused by manycountries of theEuropean UnionTrueHigh incomecountries spendmuch more onsubsidies to theirown farmers thanon aid to poorcountries.mutuallybeneficialexchangeTrade that addsbenefit orvalue to allparties involvedeconomicinequalityThe unequaldistribution ofincomebetween theparticipants inan economy.tradesurplusThe amount bywhich the value ofa country's exportsexceeds the valueof its importsImportA goodpurchasedand brought infrom anothercountryExchangeratethe value ofone currencywhenconverting toanothercurrencyTheRustbeltprimarilycenteredaround theMidwestmegacitiesCities thathave apopulation inexcess of 10million peopleInfantindustryProtectionismpolicies aresometimesput in placeto protectspecializationConcentratingproductiveefforts onproducing alimited varietyof goods.law ofcomparativeadvantageA nation is betteroff when itproduces goodsfor which it has acomparativeadvantage.collateralSomethingpledged assecurity forrepayment ofa loandollarindexexportA good sentto anothercountry forsaledeadweightlossThe cost tosocietycreated bymarketinefficiencyQuotaWhen a countrysets a limit onthe amount ofgoods broughtinto a countrynationalsecurityissuethe reasonfor the creationof theU.S. NationalHelium ReserveHighercosts toconsumerstariffs viahigher pricesfor importedgoods cancauseflexibleexchangerateA currency systemthat allows theexchange rate tobe determined bysupply anddemand

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