Quiz 9: Canada’s Economy By CC Test Kit | July 27, 2014 - 12:20 am |September 20, 2017 Practice Question 1Which 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 2What is the G8? A famous group of Canadian artists The 8 largest countries (by area) in the Americas The 8 largest countries (by area) in the world A group of leading industrialized countries Question 3Which of these are examples of service industries? Construction, automobiles, and government Transportation, health care, and tourism High technology equipment, banking, and food Retail services, aerospace technology, and clothing Question 4How is the Canadian - USA border sometimes described? The border with the longest wait times in the world The world's easiest border to cross The most-traded border in the world The world's longest undefended border Question 5Which type of industry played the most important role in Canada's history and development? Manufacturing industries Services industries Agricultural industries Natural resource industries Question 6What is NAFTA? 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 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 Question 7Where does Canada's economy rank in the world? Canada has the largest economy in the world Canada has one of the 5 largest economies in the world Canada's economy is about the twenty-fifth largest in the world Canada has one of the 10 largest economies in the world Question 8What percentage of Canadian exports are sold to the USA? More than 75% Approximately 85% Approximately 50% Less than 40% Question 9What 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 a lot of families have members on both sides of the Canada-USA border The fact that Canada has French history, but the USA does not The fact that the birth rates in Canada and the USA used to be much higher Question 10When did Canada enter into a free trade agreement with the USA? 1990 1988 2001 1985 Question 11In term of its economy, how can Canada can be described? As a growing nation As a producing nation As a trading nation As an industrial nation Question 12How does Canada maintain its high standard of living? By producing everything we need to live By saving our money By growing our own food By engaging in trade with other nations Question 13How many working Canadians now have jobs in service industries? More than 75% Approximately 50% More than 90% Approximately 70% Question 14Which of these are examples of manufacturing industries? Paper, high technology equipment, and machinery High technology equipment, banking, and food Agriculture, paper, and healthcare Construction, automobiles, and government Question 15What is the engine of economic growth in Canada? Fishing Agriculture Industry Commerce Quiz 9: Canada’s Economy was last modified: September 20th, 2017 by CC Test Kit Bookmark the permalink.
