4. The Global Economy

Trade Strategies, Diversification, And Social Enterprise — Quiz

Test your understanding of trade strategies, diversification, and social enterprise with 5 practice questions.

Read the lesson first

Practice Questions

Question 1

What is the main purpose of trade diversification for a country that relies heavily on one export product?

Question 2

Which statement best describes a social enterprise?

Question 3

Why might a country use export promotion policies?

Question 4

What is one potential advantage of diversification for an economy?

Question 5

Which of the following is an example of a social enterprise activity?