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This challenging worksheet has students answer multiple-choice questions, and fill in blanks to practice resources and trade skills.

It includes 9 questions across 2 sections for focused practice.

Style:
Busy Bee
Resources and Trade
Grade 4
★ Part A: Multiple Choice
Circle the best answer for each question.
1. What is a tariff?
 A) A type of natural resource
 B) A tax on goods imported from another country
 C) A list of goods a country exports
 D) A trade agreement between two countries
2. Why do some countries specialize in producing certain goods?
 A) They want to make their neighbors jealous
 B) They can produce those goods more cheaply or efficiently
 C) They do not like making other products
 D) The government forces them to make only one thing
3. How does trade benefit both the buying country and the selling country?
 A) Only the seller benefits from trade
 B) The buyer gets goods it needs and the seller earns money
 C) Trade only helps rich countries
 D) Neither country benefits because they lose resources
4. Which situation shows a country using its natural resources wisely?
 A) Cutting down all the forests at once for quick profit
 B) Replanting trees after logging and rotating harvest areas
 C) Dumping mining waste into rivers
 D) Using only nonrenewable energy sources
★ Part B: Fill in the Blank
Write the correct answer on each line.
1) When a country focuses on making the goods it produces best, it is called specialization.
2) A tariff makes imported goods more expensive so people buy local products instead.
3) Countries with warm climates often export fruits and vegetables to colder countries.
4) Free trade means countries can buy and sell goods without high tariffs or barriers.
5) Water power used to generate electricity is a renewable energy source.
🎯

Ready to Practice?

Complete each section carefully.

9 Questions
12-18 minutes
Auto-graded
Retry anytime
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