Chapter 5. How Hong Kong Lost Its Shirts

EIA Activity: How Hong Kong Lost Its Shirts

1. Question

   Use Link 1 to answer the following questions. Hong Kong levies excise taxes on which of the following commodities?

   A.

   Hard alcohol

   B.

   Tobacco

   C.

   Hydrocarbon oil

   D.

   Methyl alcohol

   E.

   All of the above

2. Question

   True or False: Hong Kong has tariffs on imported goods.

   A.

   False.

   B.

   True.

3. Question

   True or False: Hong Kong has a free market economy.

   A.

   False.

   B.

   True.

4. Question

   True or False: During the past decade, Hong Kong’s service industry has grown rapidly.

   A.

   True.

   B.

   False.

5. Question

   True or False: Since 1990, Hong Kong has linked its currency to the U.S. dollar.

   A.

   True.

   B.

   False.

6. Question

   Use Link 2 to answer the following questions. In 2013, Hong Kong’s GDP per capita (in current US$) was equal to:

   A.

   51,200

   B.

   38,124

   C.

   50,100

   D.

   54,100

7. Question

   In 2013, Bangladesh’s GDP per capita (in current US$) was equal to:

   A.

   584

   B.

   664

   C.

   954

   D.

   732

8. Question

   Find 10 clothing items that you own. What country were they made in? Discuss.

   Your response will be graded by your instructor.

   Find 10 clothing items that you own. What country were they made in? Discuss.

• Point per question: 1pts for short answer 1pts for multiple choice
• number of attempts on quiz as a whole: 1 or unlimited?
• set which score reports to Gradebook: first, most recent, highest, or average
• Randomize answers (for multiple choice questions only)? Yes or no