Quiz 9: Canada’s Economy By CC Test Kit | July 27, 2014 - 12:20 am |September 20, 2017 Practice Question 1What does the phrase, "children of a common mother" refer to? The fact that the birth rates in Canada and the USA used to be much higher 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 Canada and the USA were both once British colonies Question 2In term of its economy, how can Canada can be described? As a trading nation As a growing nation As an industrial nation As a producing nation Question 3What 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 Canada and the USA have close ties and common interests The fact that Fathers of Confederation and the American Founding Fathers were in fact related to each other The fact that a lot of families have members on both sides of the Canada-USA border Question 4How does Canada maintain its high standard of living? By producing everything we need to live By engaging in trade with other nations By growing our own food By saving our money Question 5When did Canada enter into a free trade agreement with the USA? 2001 1985 1988 1990 Question 6When did Mexico join Canada and the USA in NAFTA? 1994 1996 2001 1990 Question 7Where does Canada's economy rank in the world? Canada has one of the 10 largest economies in the world Canada has the largest economy 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 8Which phrase best describes Canada and the USA's trading relationship? The third largest trading relationship in the world A difficult relationship that is fraught with disputes The largest bilateral trading relationship in the world A minimally acceptable relationship that pleases neither side Question 9Which of these are examples of natural resource industries? Forestry, fishing, and mining Retail services, aerospace technology, and clothing Mining and energy, automobiles, and communications High technology equipment, banking, and food Question 10What percentage of Canadian exports are sold to the USA? Approximately 85% Approximately 50% More than 75% Less than 40% Question 11Which of these sets of numbers describes the size of the NAFTA trading block in 2008? 1 trillion people, and over $1.5 trillion in merchandise trade 250 million people, and over $10 billion in merchandise trade 640 million people, and over $100 trillion in merchandise trade 444 million people, and over $1 trillion in merchandise trade Question 12What 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 13What country is Canada's largest trading partner? USA Great Britain China European Union Question 14What are the three main types of industry in Canada? Service, music, and visual arts Service, art, and weapons exports Service, manufacturing, and natural resources Service, entertainment and food exports Question 15Which of these are examples of manufacturing industries? Agriculture, paper, and healthcare Construction, automobiles, and government Paper, high technology equipment, and machinery High technology equipment, banking, and food Quiz 9: Canada’s Economy was last modified: September 20th, 2017 by CC Test Kit Bookmark the permalink.