TheRustbeltprimarilycenteredaround theMidwestcapitalflight The rapidmovement ofinvestmentsout of acountryspecializationConcentratingproductiveefforts onproducing alimited varietyof goods.collateralSomethingpledged assecurity forrepayment ofa loanTrueHigh incomecountries spendmuch more onsubsidies to theirown farmers thanon aid to poorcountries.QuotaWhen a countrysets a limit onthe amount ofgoods broughtinto a countrydeadweightlossThe cost tosocietycreated bymarketinefficiencyweakdollarcan makeproducts lessexpensive toforeignbuyersProtectionismProtectingyour owncountry'sindustriesand workersInfantindustryProtectionismpolicies aresometimesput in placeto protectlaw ofcomparativeadvantageA nation is betteroff when itproduces goodsfor which it has acomparativeadvantage.mutuallybeneficialexchangeTrade that addsbenefit orvalue to allparties involvedexportA good sentto anothercountry forsalemegacitiesCities thathave apopulation inexcess of 10million peopleeconomicinequalityThe unequaldistribution ofincomebetween theparticipants inan economy.ImportA goodpurchasedand brought infrom anothercountryTheSunbeltsomesouthernwarmerstates areknown asflexibleexchangerateA currency systemthat allows theexchange rate tobe determined bysupply anddemanddollarindextradesurplusThe amount bywhich the value ofa country's exportsexceeds the valueof its importsHighercosts toconsumerstariffs viahigher pricesfor importedgoods cancausenationalsecurityissuethe reasonfor the creationof theU.S. NationalHelium Reserveeuro The commoncurrencyused by manycountries of theEuropean UnionExchangeratethe value ofone currencywhenconverting toanothercurrencyTheRustbeltprimarilycenteredaround theMidwestcapitalflight The rapidmovement ofinvestmentsout of acountryspecializationConcentratingproductiveefforts onproducing alimited varietyof goods.collateralSomethingpledged assecurity forrepayment ofa loanTrueHigh incomecountries spendmuch more onsubsidies to theirown farmers thanon aid to poorcountries.QuotaWhen a countrysets a limit onthe amount ofgoods broughtinto a countrydeadweightlossThe cost tosocietycreated bymarketinefficiencyweakdollarcan makeproducts lessexpensive toforeignbuyersProtectionismProtectingyour owncountry'sindustriesand workersInfantindustryProtectionismpolicies aresometimesput in placeto protectlaw ofcomparativeadvantageA nation is betteroff when itproduces goodsfor which it has acomparativeadvantage.mutuallybeneficialexchangeTrade that addsbenefit orvalue to allparties involvedexportA good sentto anothercountry forsalemegacitiesCities thathave apopulation inexcess of 10million peopleeconomicinequalityThe unequaldistribution ofincomebetween theparticipants inan economy.ImportA goodpurchasedand brought infrom anothercountryTheSunbeltsomesouthernwarmerstates areknown asflexibleexchangerateA currency systemthat allows theexchange rate tobe determined bysupply anddemanddollarindextradesurplusThe amount bywhich the value ofa country's exportsexceeds the valueof its importsHighercosts toconsumerstariffs viahigher pricesfor importedgoods cancausenationalsecurityissuethe reasonfor the creationof theU.S. NationalHelium Reserveeuro The commoncurrencyused by manycountries of theEuropean UnionExchangeratethe value ofone currencywhenconverting toanothercurrency

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