QuotaWhen a countrysets a limit onthe amount ofgoods broughtinto a countrymegacitiesCities thathave apopulation inexcess of 10million peopleTheSunbeltsomesouthernwarmerstates areknown aseconomicinequalityThe unequaldistribution ofincomebetween theparticipants inan economy.dollarindexweakdollarcan makeproducts lessexpensive toforeignbuyersmutuallybeneficialexchangeTrade that addsbenefit orvalue to allparties involvedspecializationConcentratingproductiveefforts onproducing alimited varietyof goods.collateralSomethingpledged assecurity forrepayment ofa loanTrueHigh incomecountries spendmuch more onsubsidies to theirown farmers thanon aid to poorcountries.tradesurplusThe amount bywhich the value ofa country's exportsexceeds the valueof its importsflexibleexchangerateA currency systemthat allows theexchange rate tobe determined bysupply anddemandProtectionismProtectingyour owncountry'sindustriesand workersTheRustbeltprimarilycenteredaround theMidwestnationalsecurityissuethe reasonfor the creationof theU.S. NationalHelium Reservelaw ofcomparativeadvantageA nation is betteroff when itproduces goodsfor which it has acomparativeadvantage.capitalflight The rapidmovement ofinvestmentsout of acountryeuro The commoncurrencyused by manycountries of theEuropean UnionInfantindustryProtectionismpolicies aresometimesput in placeto protectExchangeratethe value ofone currencywhenconverting toanothercurrencyHighercosts toconsumerstariffs viahigher pricesfor importedgoods cancauseImportA goodpurchasedand brought infrom anothercountrydeadweightlossThe cost tosocietycreated bymarketinefficiencyexportA good sentto anothercountry forsaleQuotaWhen a countrysets a limit onthe amount ofgoods broughtinto a countrymegacitiesCities thathave apopulation inexcess of 10million peopleTheSunbeltsomesouthernwarmerstates areknown aseconomicinequalityThe unequaldistribution ofincomebetween theparticipants inan economy.dollarindexweakdollarcan makeproducts lessexpensive toforeignbuyersmutuallybeneficialexchangeTrade that addsbenefit orvalue to allparties involvedspecializationConcentratingproductiveefforts onproducing alimited varietyof goods.collateralSomethingpledged assecurity forrepayment ofa loanTrueHigh incomecountries spendmuch more onsubsidies to theirown farmers thanon aid to poorcountries.tradesurplusThe amount bywhich the value ofa country's exportsexceeds the valueof its importsflexibleexchangerateA currency systemthat allows theexchange rate tobe determined bysupply anddemandProtectionismProtectingyour owncountry'sindustriesand workersTheRustbeltprimarilycenteredaround theMidwestnationalsecurityissuethe reasonfor the creationof theU.S. NationalHelium Reservelaw ofcomparativeadvantageA nation is betteroff when itproduces goodsfor which it has acomparativeadvantage.capitalflight The rapidmovement ofinvestmentsout of acountryeuro The commoncurrencyused by manycountries of theEuropean UnionInfantindustryProtectionismpolicies aresometimesput in placeto protectExchangeratethe value ofone currencywhenconverting toanothercurrencyHighercosts toconsumerstariffs viahigher pricesfor importedgoods cancauseImportA goodpurchasedand brought infrom anothercountrydeadweightlossThe cost tosocietycreated bymarketinefficiencyexportA good sentto anothercountry forsale

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