TheSunbeltsomesouthernwarmerstates areknown aseuro The commoncurrencyused by manycountries of theEuropean UnionmutuallybeneficialexchangeTrade that addsbenefit orvalue to allparties involvedspecializationConcentratingproductiveefforts onproducing alimited varietyof goods.Highercosts toconsumerstariffs viahigher pricesfor importedgoods cancauseExchangeratethe value ofone currencywhenconverting toanothercurrencyImportA goodpurchasedand brought infrom anothercountrydollarindexdeadweightlossThe cost tosocietycreated bymarketinefficiencyInfantindustryProtectionismpolicies aresometimesput in placeto protectmegacitiesCities thathave apopulation inexcess of 10million peopleTrueHigh incomecountries spendmuch more onsubsidies to theirown farmers thanon aid to poorcountries.flexibleexchangerateA currency systemthat allows theexchange rate tobe determined bysupply anddemandlaw ofcomparativeadvantageA nation is betteroff when itproduces goodsfor which it has acomparativeadvantage.TheRustbeltprimarilycenteredaround theMidwestweakdollarcan makeproducts lessexpensive toforeignbuyerscollateralSomethingpledged assecurity forrepayment ofa loanQuotaWhen a countrysets a limit onthe amount ofgoods broughtinto a countrynationalsecurityissuethe reasonfor the creationof theU.S. NationalHelium ReservetradesurplusThe amount bywhich the value ofa country's exportsexceeds the valueof its importscapitalflight The rapidmovement ofinvestmentsout of acountryexportA good sentto anothercountry forsaleeconomicinequalityThe unequaldistribution ofincomebetween theparticipants inan economy.ProtectionismProtectingyour owncountry'sindustriesand workersTheSunbeltsomesouthernwarmerstates areknown aseuro The commoncurrencyused by manycountries of theEuropean UnionmutuallybeneficialexchangeTrade that addsbenefit orvalue to allparties involvedspecializationConcentratingproductiveefforts onproducing alimited varietyof goods.Highercosts toconsumerstariffs viahigher pricesfor importedgoods cancauseExchangeratethe value ofone currencywhenconverting toanothercurrencyImportA goodpurchasedand brought infrom anothercountrydollarindexdeadweightlossThe cost tosocietycreated bymarketinefficiencyInfantindustryProtectionismpolicies aresometimesput in placeto protectmegacitiesCities thathave apopulation inexcess of 10million peopleTrueHigh incomecountries spendmuch more onsubsidies to theirown farmers thanon aid to poorcountries.flexibleexchangerateA currency systemthat allows theexchange rate tobe determined bysupply anddemandlaw ofcomparativeadvantageA nation is betteroff when itproduces goodsfor which it has acomparativeadvantage.TheRustbeltprimarilycenteredaround theMidwestweakdollarcan makeproducts lessexpensive toforeignbuyerscollateralSomethingpledged assecurity forrepayment ofa loanQuotaWhen a countrysets a limit onthe amount ofgoods broughtinto a countrynationalsecurityissuethe reasonfor the creationof theU.S. NationalHelium ReservetradesurplusThe amount bywhich the value ofa country's exportsexceeds the valueof its importscapitalflight The rapidmovement ofinvestmentsout of acountryexportA good sentto anothercountry forsaleeconomicinequalityThe unequaldistribution ofincomebetween theparticipants inan economy.ProtectionismProtectingyour owncountry'sindustriesand workers

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