TheRustbeltprimarilycenteredaround theMidwestProtectionismProtectingyour owncountry'sindustriesand workersHighercosts toconsumerstariffs viahigher pricesfor importedgoods cancausenationalsecurityissuethe reasonfor the creationof theU.S. NationalHelium ReserveExchangeratethe value ofone currencywhenconverting toanothercurrencyeuro The commoncurrencyused by manycountries of theEuropean UniondollarindexspecializationConcentratingproductiveefforts onproducing alimited varietyof goods.QuotaWhen a countrysets a limit onthe amount ofgoods broughtinto a countryweakdollarcan makeproducts lessexpensive toforeignbuyersTrueHigh incomecountries spendmuch more onsubsidies to theirown farmers thanon aid to poorcountries.InfantindustryProtectionismpolicies aresometimesput in placeto protecteconomicinequalityThe unequaldistribution ofincomebetween theparticipants inan economy.megacitiesCities thathave apopulation inexcess of 10million peopledeadweightlossThe cost tosocietycreated bymarketinefficiencyflexibleexchangerateA currency systemthat allows theexchange rate tobe determined bysupply anddemandexportA good sentto anothercountry forsalecapitalflight The rapidmovement ofinvestmentsout of acountrymutuallybeneficialexchangeTrade that addsbenefit orvalue to allparties involvedcollateralSomethingpledged assecurity forrepayment ofa loanlaw ofcomparativeadvantageA nation is betteroff when itproduces goodsfor which it has acomparativeadvantage.tradesurplusThe amount bywhich the value ofa country's exportsexceeds the valueof its importsImportA goodpurchasedand brought infrom anothercountryTheSunbeltsomesouthernwarmerstates areknown asTheRustbeltprimarilycenteredaround theMidwestProtectionismProtectingyour owncountry'sindustriesand workersHighercosts toconsumerstariffs viahigher pricesfor importedgoods cancausenationalsecurityissuethe reasonfor the creationof theU.S. NationalHelium ReserveExchangeratethe value ofone currencywhenconverting toanothercurrencyeuro The commoncurrencyused by manycountries of theEuropean UniondollarindexspecializationConcentratingproductiveefforts onproducing alimited varietyof goods.QuotaWhen a countrysets a limit onthe amount ofgoods broughtinto a countryweakdollarcan makeproducts lessexpensive toforeignbuyersTrueHigh incomecountries spendmuch more onsubsidies to theirown farmers thanon aid to poorcountries.InfantindustryProtectionismpolicies aresometimesput in placeto protecteconomicinequalityThe unequaldistribution ofincomebetween theparticipants inan economy.megacitiesCities thathave apopulation inexcess of 10million peopledeadweightlossThe cost tosocietycreated bymarketinefficiencyflexibleexchangerateA currency systemthat allows theexchange rate tobe determined bysupply anddemandexportA good sentto anothercountry forsalecapitalflight The rapidmovement ofinvestmentsout of acountrymutuallybeneficialexchangeTrade that addsbenefit orvalue to allparties involvedcollateralSomethingpledged assecurity forrepayment ofa loanlaw ofcomparativeadvantageA nation is betteroff when itproduces goodsfor which it has acomparativeadvantage.tradesurplusThe amount bywhich the value ofa country's exportsexceeds the valueof its importsImportA goodpurchasedand brought infrom anothercountryTheSunbeltsomesouthernwarmerstates areknown as

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