Quiz 9: Canada’s Economy By CC Test Kit | July 27, 2014 - 12:20 am |September 20, 2017 Practice Question 1Which of these are examples of manufacturing industries? Construction, automobiles, and government Paper, high technology equipment, and machinery High technology equipment, banking, and food Agriculture, paper, and healthcare Question 2Which phrase best describes Canada and the USA's trading relationship? The largest bilateral trading relationship in the world A difficult relationship that is fraught with disputes The third largest trading relationship in the world A minimally acceptable relationship that pleases neither side Question 3Which of these are examples of natural resource industries? High technology equipment, banking, and food Mining and energy, automobiles, and communications Retail services, aerospace technology, and clothing Forestry, fishing, and mining Question 4What percentage of Canadian exports are sold to the USA? Approximately 50% Less than 40% More than 75% Approximately 85% Question 5What is NAFTA? North American Financial Trading Arguments - the court that settles trade disputes in North America North American Financial Toll Agreement - the document that sets the taxes and tariffs for trade in North America North American Free Trade Agreement - a trade agreement between Canada, the USA and Mexico North American Free Tariff Arbitration - the body that tries to free North American companies from Tariffs Question 6Which type of industry played the most important role in Canada's history and development? Natural resource industries Agricultural industries Manufacturing industries Services industries Question 7When did Mexico join Canada and the USA in NAFTA? 2001 1990 1994 1996 Question 8What is the G8? A group of leading industrialized countries The 8 largest countries (by area) in the world A famous group of Canadian artists The 8 largest countries (by area) in the Americas Question 9When did Canada enter into a free trade agreement with the USA? 2001 1985 1988 1990 Question 10What is the engine of economic growth in Canada? Commerce Agriculture Fishing Industry Question 11What are the three main types of industry in Canada? Service, entertainment and food exports Service, manufacturing, and natural resources Service, music, and visual arts Service, art, and weapons exports Question 12How many working Canadians now have jobs in service industries? Approximately 50% More than 75% More than 90% Approximately 70% Question 13Which of these sets of numbers describes the size of the NAFTA trading block in 2008? 640 million people, and over $100 trillion in merchandise trade 1 trillion people, and over $1.5 trillion in merchandise trade 250 million people, and over $10 billion in merchandise trade 444 million people, and over $1 trillion in merchandise trade Question 14Where does Canada's economy rank in the world? Canada has the largest economy 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 one of the 5 largest economies in the world Question 15Which of these are examples of service industries? Construction, automobiles, and government Retail services, aerospace technology, and clothing Transportation, health care, and tourism High technology equipment, banking, and food Quiz 9: Canada’s Economy was last modified: September 20th, 2017 by CC Test Kit Bookmark the permalink.
