InfantindustryProtectionismpolicies aresometimesput in placeto protectTrueHigh incomecountries spendmuch more onsubsidies to theirown farmers thanon aid to poorcountries.exportA good sentto anothercountry forsaleeuro The commoncurrencyused by manycountries of theEuropean UnionmutuallybeneficialexchangeTrade that addsbenefit orvalue to allparties involvedTheRustbeltprimarilycenteredaround theMidwestweakdollarcan makeproducts lessexpensive toforeignbuyersdollarindexImportA goodpurchasedand brought infrom anothercountrydeadweightlossThe cost tosocietycreated bymarketinefficiencylaw ofcomparativeadvantageA nation is betteroff when itproduces goodsfor which it has acomparativeadvantage.capitalflight The rapidmovement ofinvestmentsout of acountryeconomicinequalityThe unequaldistribution ofincomebetween theparticipants inan economy.QuotaWhen a countrysets a limit onthe amount ofgoods broughtinto a countryHighercosts toconsumerstariffs viahigher pricesfor importedgoods cancausecollateralSomethingpledged assecurity forrepayment ofa loanExchangeratethe value ofone currencywhenconverting toanothercurrencyspecializationConcentratingproductiveefforts onproducing alimited varietyof goods.TheSunbeltsomesouthernwarmerstates areknown asnationalsecurityissuethe reasonfor the creationof theU.S. NationalHelium ReservetradesurplusThe amount bywhich the value ofa country's exportsexceeds the valueof its importsProtectionismProtectingyour owncountry'sindustriesand workersflexibleexchangerateA currency systemthat allows theexchange rate tobe determined bysupply anddemandmegacitiesCities thathave apopulation inexcess of 10million peopleInfantindustryProtectionismpolicies aresometimesput in placeto protectTrueHigh incomecountries spendmuch more onsubsidies to theirown farmers thanon aid to poorcountries.exportA good sentto anothercountry forsaleeuro The commoncurrencyused by manycountries of theEuropean UnionmutuallybeneficialexchangeTrade that addsbenefit orvalue to allparties involvedTheRustbeltprimarilycenteredaround theMidwestweakdollarcan makeproducts lessexpensive toforeignbuyersdollarindexImportA goodpurchasedand brought infrom anothercountrydeadweightlossThe cost tosocietycreated bymarketinefficiencylaw ofcomparativeadvantageA nation is betteroff when itproduces goodsfor which it has acomparativeadvantage.capitalflight The rapidmovement ofinvestmentsout of acountryeconomicinequalityThe unequaldistribution ofincomebetween theparticipants inan economy.QuotaWhen a countrysets a limit onthe amount ofgoods broughtinto a countryHighercosts toconsumerstariffs viahigher pricesfor importedgoods cancausecollateralSomethingpledged assecurity forrepayment ofa loanExchangeratethe value ofone currencywhenconverting toanothercurrencyspecializationConcentratingproductiveefforts onproducing alimited varietyof goods.TheSunbeltsomesouthernwarmerstates areknown asnationalsecurityissuethe reasonfor the creationof theU.S. NationalHelium ReservetradesurplusThe amount bywhich the value ofa country's exportsexceeds the valueof its importsProtectionismProtectingyour owncountry'sindustriesand workersflexibleexchangerateA currency systemthat allows theexchange rate tobe determined bysupply anddemandmegacitiesCities 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. Protectionism policies are sometimes put in place to protect
    Infant industry
  2. High income countries spend much more on subsidies to their own farmers than on aid to poor countries.
    True
  3. A good sent to another country for sale
    export
  4. The common currency used by many countries of the European Union
    euro
  5. Trade that adds benefit or value to all parties involved
    mutually beneficial exchange
  6. primarily centered around the Midwest
    The Rustbelt
  7. can make products less expensive to foreign buyers
    weak dollar
  8. dollar index
  9. A good purchased and brought in from another country
    Import
  10. The cost to society created by market inefficiency
    deadweight loss
  11. A nation is better off when it produces goods for which it has a comparative advantage.
    law of comparative advantage
  12. The rapid movement of investments out of a country
    capital flight
  13. The unequal distribution of income between the participants in an economy.
    economic inequality
  14. When a country sets a limit on the amount of goods brought into a country
    Quota
  15. tariffs via higher prices for imported goods can cause
    Higher costs to consumers
  16. Something pledged as security for repayment of a loan
    collateral
  17. the value of one currency when converting to another currency
    Exchange rate
  18. Concentrating productive efforts on producing a limited variety of goods.
    specialization
  19. some southern warmer states are known as
    The Sunbelt
  20. the reason for the creation of the U.S. National Helium Reserve
    national security issue
  21. The amount by which the value of a country's exports exceeds the value of its imports
    trade surplus
  22. Protecting your own country's industries and workers
    Protectionism
  23. A currency system that allows the exchange rate to be determined by supply and demand
    flexible exchange rate
  24. Cities that have a population in excess of 10 million people
    megacities