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Practice tests are modeled on public exam formats and are not affiliated with any exam body.

Legal/Medical Secretary Typing Test 13: Why Countries Trade

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Legal/Medical Secretary
Test 13

Legal/Medical Secretary practice test 13

Why Countries Trade · 335 words · 5 min · English · backspace allowed · target 65 WPM

← Test 12 All tests Test 14 →

Practice test modeled on the Legal and Medical Secretary Typing Test format. Not affiliated with Law firms, Queensland Health. 60 to 70 WPM with 95 to 98% accuracy on legal or medical passages.

5:000wpm100%0/335

Nocountrycanproduceeverythingitneedsatareasonablecost.Onehasoilbutlittlefarmland;anotherhasskilledengineersbutnoironore;athirdenjoysaclimatesuitedtoteaorcotton.Tradeallowseachtospecialiseinwhatitdoesbestandexchangethesurplusforgoodsthatothersmakemorecheaply.Thegainsarerealbutunevenlyspread.Consumersbenefitfromlowerpricesandwiderchoice,andexportersgainnewmarkets,whileworkersinindustriesthatfaceimportsmaylosetheirjobs.Governmentsthereforenegotiatetradeagreementsthatlowertariffsgraduallyandprovideretrainingforaffectedworkers.Ports,containershipsandcustomssystemsformthephysicalbackboneofthisexchange;asinglelargevesselcancarrytwentythousandcontainers,andadelayatoneportcanripplethroughsupplychainsonthreecontinents.Internationaltradeisnowasmuchaboutlogisticsandrulesasaboutgoods.Potteryisamongtheoldestcraftspractisedbyhuman

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