ImportA goodpurchasedand brought infrom anothercountryeuro The commoncurrencyused by manycountries of theEuropean UnionflexibleexchangerateA currency systemthat allows theexchange rate tobe determined bysupply anddemandcollateralSomethingpledged assecurity forrepayment ofa loanmutuallybeneficialexchangeTrade that addsbenefit orvalue to allparties involvedExchangeratethe value ofone currencywhenconverting toanothercurrencyTheSunbeltsomesouthernwarmerstates areknown aslaw ofcomparativeadvantageA nation is betteroff when itproduces goodsfor which it has acomparativeadvantage.tradesurplusThe amount bywhich the value ofa country's exportsexceeds the valueof its importsspecializationConcentratingproductiveefforts onproducing alimited varietyof goods.QuotaWhen a countrysets a limit onthe amount ofgoods broughtinto a countryTheRustbeltprimarilycenteredaround theMidwestnationalsecurityissuethe reasonfor the creationof theU.S. NationalHelium ReserveHighercosts toconsumerstariffs viahigher pricesfor importedgoods cancauseProtectionismProtectingyour owncountry'sindustriesand workersmegacitiesCities thathave apopulation inexcess of 10million peopleweakdollarcan makeproducts lessexpensive toforeignbuyersdollarindexInfantindustryProtectionismpolicies aresometimesput in placeto protectexportA good sentto anothercountry forsaleeconomicinequalityThe unequaldistribution ofincomebetween theparticipants inan economy.capitalflight The rapidmovement ofinvestmentsout of acountrydeadweightlossThe cost tosocietycreated bymarketinefficiencyTrueHigh incomecountries spendmuch more onsubsidies to theirown farmers thanon aid to poorcountries.ImportA goodpurchasedand brought infrom anothercountryeuro The commoncurrencyused by manycountries of theEuropean UnionflexibleexchangerateA currency systemthat allows theexchange rate tobe determined bysupply anddemandcollateralSomethingpledged assecurity forrepayment ofa loanmutuallybeneficialexchangeTrade that addsbenefit orvalue to allparties involvedExchangeratethe value ofone currencywhenconverting toanothercurrencyTheSunbeltsomesouthernwarmerstates areknown aslaw ofcomparativeadvantageA nation is betteroff when itproduces goodsfor which it has acomparativeadvantage.tradesurplusThe amount bywhich the value ofa country's exportsexceeds the valueof its importsspecializationConcentratingproductiveefforts onproducing alimited varietyof goods.QuotaWhen a countrysets a limit onthe amount ofgoods broughtinto a countryTheRustbeltprimarilycenteredaround theMidwestnationalsecurityissuethe reasonfor the creationof theU.S. NationalHelium ReserveHighercosts toconsumerstariffs viahigher pricesfor importedgoods cancauseProtectionismProtectingyour owncountry'sindustriesand workersmegacitiesCities thathave apopulation inexcess of 10million peopleweakdollarcan makeproducts lessexpensive toforeignbuyersdollarindexInfantindustryProtectionismpolicies aresometimesput in placeto protectexportA good sentto anothercountry forsaleeconomicinequalityThe unequaldistribution ofincomebetween theparticipants inan economy.capitalflight The rapidmovement ofinvestmentsout of acountrydeadweightlossThe cost tosocietycreated bymarketinefficiencyTrueHigh incomecountries spendmuch more onsubsidies to theirown farmers thanon aid to poorcountries.

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.


1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
  1. A good purchased and brought in from another country
    Import
  2. The common currency used by many countries of the European Union
    euro
  3. A currency system that allows the exchange rate to be determined by supply and demand
    flexible exchange rate
  4. Something pledged as security for repayment of a loan
    collateral
  5. Trade that adds benefit or value to all parties involved
    mutually beneficial exchange
  6. the value of one currency when converting to another currency
    Exchange rate
  7. some southern warmer states are known as
    The Sunbelt
  8. A nation is better off when it produces goods for which it has a comparative advantage.
    law of comparative advantage
  9. The amount by which the value of a country's exports exceeds the value of its imports
    trade surplus
  10. Concentrating productive efforts on producing a limited variety of goods.
    specialization
  11. When a country sets a limit on the amount of goods brought into a country
    Quota
  12. primarily centered around the Midwest
    The Rustbelt
  13. the reason for the creation of the U.S. National Helium Reserve
    national security issue
  14. tariffs via higher prices for imported goods can cause
    Higher costs to consumers
  15. Protecting your own country's industries and workers
    Protectionism
  16. Cities that have a population in excess of 10 million people
    megacities
  17. can make products less expensive to foreign buyers
    weak dollar
  18. dollar index
  19. Protectionism policies are sometimes put in place to protect
    Infant industry
  20. A good sent to another country for sale
    export
  21. The unequal distribution of income between the participants in an economy.
    economic inequality
  22. The rapid movement of investments out of a country
    capital flight
  23. The cost to society created by market inefficiency
    deadweight loss
  24. High income countries spend much more on subsidies to their own farmers than on aid to poor countries.
    True