TrueHigh incomecountries spendmuch more onsubsidies to theirown farmers thanon aid to poorcountries.InfantindustryProtectionismpolicies aresometimesput in placeto protectdollarindexExchangeratethe value ofone currencywhenconverting toanothercurrencyHighercosts toconsumerstariffs viahigher pricesfor importedgoods cancauseQuotaWhen a countrysets a limit onthe amount ofgoods broughtinto a countryexportA good sentto anothercountry forsalecapitalflight The rapidmovement ofinvestmentsout of acountryspecializationConcentratingproductiveefforts onproducing alimited varietyof goods.TheSunbeltsomesouthernwarmerstates areknown asTheRustbeltprimarilycenteredaround theMidwestmegacitiesCities thathave apopulation inexcess of 10million peoplecollateralSomethingpledged assecurity forrepayment ofa loanmutuallybeneficialexchangeTrade that addsbenefit orvalue to allparties involvedweakdollarcan makeproducts lessexpensive toforeignbuyersImportA goodpurchasedand brought infrom anothercountryProtectionismProtectingyour owncountry'sindustriesand workerseconomicinequalityThe unequaldistribution ofincomebetween theparticipants inan economy.tradesurplusThe amount bywhich the value ofa country's exportsexceeds the valueof its importsflexibleexchangerateA currency systemthat allows theexchange rate tobe determined bysupply anddemanddeadweightlossThe cost tosocietycreated bymarketinefficiencynationalsecurityissuethe reasonfor the creationof theU.S. NationalHelium Reserveeuro The commoncurrencyused by manycountries of theEuropean Unionlaw ofcomparativeadvantageA nation is betteroff when itproduces goodsfor which it has acomparativeadvantage.TrueHigh incomecountries spendmuch more onsubsidies to theirown farmers thanon aid to poorcountries.InfantindustryProtectionismpolicies aresometimesput in placeto protectdollarindexExchangeratethe value ofone currencywhenconverting toanothercurrencyHighercosts toconsumerstariffs viahigher pricesfor importedgoods cancauseQuotaWhen a countrysets a limit onthe amount ofgoods broughtinto a countryexportA good sentto anothercountry forsalecapitalflight The rapidmovement ofinvestmentsout of acountryspecializationConcentratingproductiveefforts onproducing alimited varietyof goods.TheSunbeltsomesouthernwarmerstates areknown asTheRustbeltprimarilycenteredaround theMidwestmegacitiesCities thathave apopulation inexcess of 10million peoplecollateralSomethingpledged assecurity forrepayment ofa loanmutuallybeneficialexchangeTrade that addsbenefit orvalue to allparties involvedweakdollarcan makeproducts lessexpensive toforeignbuyersImportA goodpurchasedand brought infrom anothercountryProtectionismProtectingyour owncountry'sindustriesand workerseconomicinequalityThe unequaldistribution ofincomebetween theparticipants inan economy.tradesurplusThe amount bywhich the value ofa country's exportsexceeds the valueof its importsflexibleexchangerateA currency systemthat allows theexchange rate tobe determined bysupply anddemanddeadweightlossThe cost tosocietycreated bymarketinefficiencynationalsecurityissuethe reasonfor the creationof theU.S. NationalHelium Reserveeuro The commoncurrencyused by manycountries of theEuropean Unionlaw 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. Protectionism policies are sometimes put in place to protect
    Infant industry
  3. dollar index
  4. the value of one currency when converting to another currency
    Exchange rate
  5. tariffs via higher prices for imported goods can cause
    Higher costs to consumers
  6. When a country sets a limit on the amount of goods brought into a country
    Quota
  7. A good sent to another country for sale
    export
  8. The rapid movement of investments out of a country
    capital flight
  9. Concentrating productive efforts on producing a limited variety of goods.
    specialization
  10. some southern warmer states are known as
    The Sunbelt
  11. primarily centered around the Midwest
    The Rustbelt
  12. Cities that have a population in excess of 10 million people
    megacities
  13. Something pledged as security for repayment of a loan
    collateral
  14. Trade that adds benefit or value to all parties involved
    mutually beneficial exchange
  15. can make products less expensive to foreign buyers
    weak dollar
  16. A good purchased and brought in from another country
    Import
  17. Protecting your own country's industries and workers
    Protectionism
  18. The unequal distribution of income between the participants in an economy.
    economic inequality
  19. The amount by which the value of a country's exports exceeds the value of its imports
    trade surplus
  20. A currency system that allows the exchange rate to be determined by supply and demand
    flexible exchange rate
  21. The cost to society created by market inefficiency
    deadweight loss
  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. A nation is better off when it produces goods for which it has a comparative advantage.
    law of comparative advantage