dollarindexcollateralSomethingpledged assecurity forrepayment ofa loancapitalflight The rapidmovement ofinvestmentsout of acountrynationalsecurityissuethe reasonfor the creationof theU.S. NationalHelium ReserveProtectionismProtectingyour owncountry'sindustriesand workersdeadweightlossThe cost tosocietycreated bymarketinefficiencyImportA goodpurchasedand brought infrom anothercountrymutuallybeneficialexchangeTrade that addsbenefit orvalue to allparties involvedTrueHigh incomecountries spendmuch more onsubsidies to theirown farmers thanon aid to poorcountries.QuotaWhen a countrysets a limit onthe amount ofgoods broughtinto a countryTheSunbeltsomesouthernwarmerstates areknown asspecializationConcentratingproductiveefforts onproducing alimited varietyof goods.megacitiesCities thathave apopulation inexcess of 10million peopletradesurplusThe amount bywhich the value ofa country's exportsexceeds the valueof its importsInfantindustryProtectionismpolicies aresometimesput in placeto protectweakdollarcan makeproducts lessexpensive toforeignbuyersexportA good sentto anothercountry forsaleeconomicinequalityThe unequaldistribution ofincomebetween theparticipants inan economy.euro The commoncurrencyused by manycountries of theEuropean UnionExchangeratethe value ofone currencywhenconverting toanothercurrencyflexibleexchangerateA currency systemthat allows theexchange rate tobe determined bysupply anddemandTheRustbeltprimarilycenteredaround theMidwestlaw ofcomparativeadvantageA nation is betteroff when itproduces goodsfor which it has acomparativeadvantage.Highercosts toconsumerstariffs viahigher pricesfor importedgoods cancausedollarindexcollateralSomethingpledged assecurity forrepayment ofa loancapitalflight The rapidmovement ofinvestmentsout of acountrynationalsecurityissuethe reasonfor the creationof theU.S. NationalHelium ReserveProtectionismProtectingyour owncountry'sindustriesand workersdeadweightlossThe cost tosocietycreated bymarketinefficiencyImportA goodpurchasedand brought infrom anothercountrymutuallybeneficialexchangeTrade that addsbenefit orvalue to allparties involvedTrueHigh incomecountries spendmuch more onsubsidies to theirown farmers thanon aid to poorcountries.QuotaWhen a countrysets a limit onthe amount ofgoods broughtinto a countryTheSunbeltsomesouthernwarmerstates areknown asspecializationConcentratingproductiveefforts onproducing alimited varietyof goods.megacitiesCities thathave apopulation inexcess of 10million peopletradesurplusThe amount bywhich the value ofa country's exportsexceeds the valueof its importsInfantindustryProtectionismpolicies aresometimesput in placeto protectweakdollarcan makeproducts lessexpensive toforeignbuyersexportA good sentto anothercountry forsaleeconomicinequalityThe unequaldistribution ofincomebetween theparticipants inan economy.euro The commoncurrencyused by manycountries of theEuropean UnionExchangeratethe value ofone currencywhenconverting toanothercurrencyflexibleexchangerateA currency systemthat allows theexchange rate tobe determined bysupply anddemandTheRustbeltprimarilycenteredaround theMidwestlaw ofcomparativeadvantageA nation is betteroff when itproduces goodsfor which it has acomparativeadvantage.Highercosts toconsumerstariffs viahigher pricesfor importedgoods cancause

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