ECON 201 Quiz 6 | Score 100/100 | American Military University

Week 8 – Quiz: 6



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Written Dec 2, 2025 6:16 AM - Dec 2, 2025 6:18 AMAttempt 1 of 2

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Questions for Quiz 6 (Week 8)

Question 1 points

Tariffs are designed to:

Question options:


Encourage outsourcing of production.


Remove restrictions on international trade.


Increase the price of imported goods to protect domestic industries.


Decrease the cost of imported goods.

Question 2 points

What happens to a country’s imports when its currency appreciates?

Question options:


Imports are eliminated.


Imports become more expensive.

, Imports become cheaper.


Imports remain unaffected.

Question 3 points

An appreciation of a country's currency makes its exports:

Question options:


More competitive in foreign markets.


Unaffected in price.


Cheaper for foreign buyers.


More expensive for foreign buyers.

Question 4 points
A potential cost of international trade for domestic businesses is:

Question options:


Increased competition from foreign firms.


Improved supply chain efficiency.


Access to global markets.


Lower prices for raw materials.

Question 5 points
Trade policies like tariffs and quotas can protect domestic businesses by:

Question options:


Reducing competition from cheaper foreign imports.