Quiz 9: Canada’s Economy By CC Test Kit | July 27, 2014 - 12:20 am |September 20, 2017 Practice Question 1What percentage of Canadian exports are sold to the USA? Approximately 50% Less than 40% More than 75% Approximately 85% Question 2Which of these sets of numbers describes the size of the NAFTA trading block in 2008? 250 million people, and over $10 billion in merchandise trade 1 trillion people, and over $1.5 trillion in merchandise trade 640 million people, and over $100 trillion in merchandise trade 444 million people, and over $1 trillion in merchandise trade Question 3What is the G8? The 8 largest countries (by area) in the world The 8 largest countries (by area) in the Americas A group of leading industrialized countries A famous group of Canadian artists Question 4What is NAFTA? North American Financial Trading Arguments - the court that settles trade disputes in North America North American Free Tariff Arbitration - the body that tries to free North American companies from Tariffs North American Free Trade Agreement - a trade agreement between Canada, the USA and Mexico North American Financial Toll Agreement - the document that sets the taxes and tariffs for trade in North America Question 5In term of its economy, how can Canada can be described? As a growing nation As a producing nation As an industrial nation As a trading nation Question 6Which phrase best describes Canada and the USA's trading relationship? A minimally acceptable relationship that pleases neither side The third largest trading relationship in the world A difficult relationship that is fraught with disputes The largest bilateral trading relationship in the world Question 7What does the phrase, "brethren dwelling together in unity" refer to? The fact that Canada and the USA sometimes disagree on important matters The fact that Fathers of Confederation and the American Founding Fathers were in fact related to each other The fact that Canada and the USA have close ties and common interests The fact that a lot of families have members on both sides of the Canada-USA border Question 8When did Canada enter into a free trade agreement with the USA? 1988 1985 1990 2001 Question 9Which of these are examples of manufacturing industries? Construction, automobiles, and government Agriculture, paper, and healthcare High technology equipment, banking, and food Paper, high technology equipment, and machinery Question 10How many working Canadians now have jobs in service industries? Approximately 70% Approximately 50% More than 90% More than 75% Question 11What are the three main types of industry in Canada? Service, entertainment and food exports Service, manufacturing, and natural resources Service, art, and weapons exports Service, music, and visual arts Question 12What does the phrase, "children of a common mother" refer to? The fact that Canada and the USA were both once British colonies The fact that Canada has French history, but the USA does not The fact that a lot of families have members on both sides of the Canada-USA border The fact that the birth rates in Canada and the USA used to be much higher Question 13Where does Canada's economy rank in the world? Canada has one of the 10 largest economies in the world Canada's economy is about the twenty-fifth largest in the world Canada has the largest economy in the world Canada has one of the 5 largest economies in the world Question 14How is the Canadian - USA border sometimes described? The world's easiest border to cross The world's longest undefended border The most-traded border in the world The border with the longest wait times in the world Question 15What is the engine of economic growth in Canada? Fishing Industry Commerce Agriculture Quiz 9: Canada’s Economy was last modified: September 20th, 2017 by CC Test Kit Bookmark the permalink.
