nationalsecurityissuethe reasonfor the creationof theU.S. NationalHelium ReservespecializationConcentratingproductiveefforts onproducing alimited varietyof goods.TheSunbeltsomesouthernwarmerstates areknown asmegacitiesCities thathave apopulation inexcess of 10million peoplecollateralSomethingpledged assecurity forrepayment ofa loandeadweightlossThe cost tosocietycreated bymarketinefficiencydollarindexcapitalflight The rapidmovement ofinvestmentsout of acountryeconomicinequalityThe unequaldistribution ofincomebetween theparticipants inan economy.tradesurplusThe amount bywhich the value ofa country's exportsexceeds the valueof its importsProtectionismProtectingyour owncountry'sindustriesand workersHighercosts toconsumerstariffs viahigher pricesfor importedgoods cancauseexportA good sentto anothercountry forsaleImportA goodpurchasedand brought infrom anothercountryTrueHigh incomecountries spendmuch more onsubsidies to theirown farmers thanon aid to poorcountries.weakdollarcan makeproducts lessexpensive toforeignbuyersmutuallybeneficialexchangeTrade that addsbenefit orvalue to allparties involvedInfantindustryProtectionismpolicies aresometimesput in placeto protectTheRustbeltprimarilycenteredaround theMidwesteuro The commoncurrencyused by manycountries of theEuropean UnionExchangeratethe value ofone currencywhenconverting toanothercurrencyQuotaWhen a countrysets a limit onthe amount ofgoods broughtinto a countryflexibleexchangerateA currency systemthat allows theexchange rate tobe determined bysupply anddemandlaw ofcomparativeadvantageA nation is betteroff when itproduces goodsfor which it has acomparativeadvantage.nationalsecurityissuethe reasonfor the creationof theU.S. NationalHelium ReservespecializationConcentratingproductiveefforts onproducing alimited varietyof goods.TheSunbeltsomesouthernwarmerstates areknown asmegacitiesCities thathave apopulation inexcess of 10million peoplecollateralSomethingpledged assecurity forrepayment ofa loandeadweightlossThe cost tosocietycreated bymarketinefficiencydollarindexcapitalflight The rapidmovement ofinvestmentsout of acountryeconomicinequalityThe unequaldistribution ofincomebetween theparticipants inan economy.tradesurplusThe amount bywhich the value ofa country's exportsexceeds the valueof its importsProtectionismProtectingyour owncountry'sindustriesand workersHighercosts toconsumerstariffs viahigher pricesfor importedgoods cancauseexportA good sentto anothercountry forsaleImportA goodpurchasedand brought infrom anothercountryTrueHigh incomecountries spendmuch more onsubsidies to theirown farmers thanon aid to poorcountries.weakdollarcan makeproducts lessexpensive toforeignbuyersmutuallybeneficialexchangeTrade that addsbenefit orvalue to allparties involvedInfantindustryProtectionismpolicies aresometimesput in placeto protectTheRustbeltprimarilycenteredaround theMidwesteuro The commoncurrencyused by manycountries of theEuropean UnionExchangeratethe value ofone currencywhenconverting toanothercurrencyQuotaWhen a countrysets a limit onthe amount ofgoods broughtinto a countryflexibleexchangerateA currency systemthat allows theexchange rate tobe determined bysupply anddemandlaw 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. the reason for the creation of the U.S. National Helium Reserve
    national security issue
  2. Concentrating productive efforts on producing a limited variety of goods.
    specialization
  3. some southern warmer states are known as
    The Sunbelt
  4. Cities that have a population in excess of 10 million people
    megacities
  5. Something pledged as security for repayment of a loan
    collateral
  6. The cost to society created by market inefficiency
    deadweight loss
  7. dollar index
  8. The rapid movement of investments out of a country
    capital flight
  9. The unequal distribution of income between the participants in an economy.
    economic inequality
  10. The amount by which the value of a country's exports exceeds the value of its imports
    trade surplus
  11. Protecting your own country's industries and workers
    Protectionism
  12. tariffs via higher prices for imported goods can cause
    Higher costs to consumers
  13. A good sent to another country for sale
    export
  14. A good purchased and brought in from another country
    Import
  15. High income countries spend much more on subsidies to their own farmers than on aid to poor countries.
    True
  16. can make products less expensive to foreign buyers
    weak dollar
  17. Trade that adds benefit or value to all parties involved
    mutually beneficial exchange
  18. Protectionism policies are sometimes put in place to protect
    Infant industry
  19. primarily centered around the Midwest
    The Rustbelt
  20. The common currency used by many countries of the European Union
    euro
  21. the value of one currency when converting to another currency
    Exchange rate
  22. When a country sets a limit on the amount of goods brought into a country
    Quota
  23. A currency system that allows the exchange rate to be determined by supply and demand
    flexible exchange rate
  24. A nation is better off when it produces goods for which it has a comparative advantage.
    law of comparative advantage