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