TrueHigh incomecountries spendmuch more onsubsidies to theirown farmers thanon aid to poorcountries.Exchangeratethe value ofone currencywhenconverting toanothercurrencynationalsecurityissuethe reasonfor the creationof theU.S. NationalHelium ReservecollateralSomethingpledged assecurity forrepayment ofa loanInfantindustryProtectionismpolicies aresometimesput in placeto protectTheSunbeltsomesouthernwarmerstates areknown asspecializationConcentratingproductiveefforts onproducing alimited varietyof goods.euro The commoncurrencyused by manycountries of theEuropean UnioneconomicinequalityThe unequaldistribution ofincomebetween theparticipants inan economy.deadweightlossThe cost tosocietycreated bymarketinefficiencymutuallybeneficialexchangeTrade that addsbenefit orvalue to allparties involvedexportA good sentto anothercountry forsaleHighercosts toconsumerstariffs viahigher pricesfor importedgoods cancausetradesurplusThe amount bywhich the value ofa country's exportsexceeds the valueof its importsQuotaWhen a countrysets a limit onthe amount ofgoods broughtinto a countrycapitalflight The rapidmovement ofinvestmentsout of acountryflexibleexchangerateA currency systemthat allows theexchange rate tobe determined bysupply anddemandweakdollarcan makeproducts lessexpensive toforeignbuyersTheRustbeltprimarilycenteredaround theMidwestdollarindexmegacitiesCities thathave apopulation inexcess of 10million peopleImportA goodpurchasedand brought infrom anothercountryProtectionismProtectingyour owncountry'sindustriesand workerslaw ofcomparativeadvantageA nation is betteroff when itproduces goodsfor which it has acomparativeadvantage.TrueHigh incomecountries spendmuch more onsubsidies to theirown farmers thanon aid to poorcountries.Exchangeratethe value ofone currencywhenconverting toanothercurrencynationalsecurityissuethe reasonfor the creationof theU.S. NationalHelium ReservecollateralSomethingpledged assecurity forrepayment ofa loanInfantindustryProtectionismpolicies aresometimesput in placeto protectTheSunbeltsomesouthernwarmerstates areknown asspecializationConcentratingproductiveefforts onproducing alimited varietyof goods.euro The commoncurrencyused by manycountries of theEuropean UnioneconomicinequalityThe unequaldistribution ofincomebetween theparticipants inan economy.deadweightlossThe cost tosocietycreated bymarketinefficiencymutuallybeneficialexchangeTrade that addsbenefit orvalue to allparties involvedexportA good sentto anothercountry forsaleHighercosts toconsumerstariffs viahigher pricesfor importedgoods cancausetradesurplusThe amount bywhich the value ofa country's exportsexceeds the valueof its importsQuotaWhen a countrysets a limit onthe amount ofgoods broughtinto a countrycapitalflight The rapidmovement ofinvestmentsout of acountryflexibleexchangerateA currency systemthat allows theexchange rate tobe determined bysupply anddemandweakdollarcan makeproducts lessexpensive toforeignbuyersTheRustbeltprimarilycenteredaround theMidwestdollarindexmegacitiesCities thathave apopulation inexcess of 10million peopleImportA goodpurchasedand brought infrom anothercountryProtectionismProtectingyour owncountry'sindustriesand workerslaw ofcomparativeadvantageA nation is betteroff when itproduces goodsfor which it has acomparativeadvantage.

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