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 service industries? Construction, automobiles, and government Transportation, health care, and tourism High technology equipment, banking, and food Retail services, aerospace technology, and clothing Question 2Where does Canada's economy rank 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 Canada has one of the 10 largest economies in the world Question 3Which 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 250 million people, and over $10 billion in merchandise trade 444 million people, and over $1 trillion in merchandise trade 1 trillion people, and over $1.5 trillion in merchandise trade Question 4What 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 5How many working Canadians now have jobs in service industries? Approximately 50% More than 75% More than 90% Approximately 70% Question 6How is the Canadian - USA border sometimes described? The world's longest undefended border The border with the longest wait times in the world The world's easiest border to cross The most-traded border in the world Question 7What are the three main types of industry in Canada? Service, music, and visual arts Service, manufacturing, and natural resources Service, art, and weapons exports Service, entertainment and food exports Question 8In term of its economy, how can Canada can be described? As a producing nation As a growing nation As an industrial nation As a trading nation Question 9What country is Canada's largest trading partner? China European Union Great Britain USA Question 10Which of these are examples of natural resource industries? Retail services, aerospace technology, and clothing Forestry, fishing, and mining High technology equipment, banking, and food Mining and energy, automobiles, and communications Question 11What is NAFTA? 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 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 12How does Canada maintain its high standard of living? By saving our money By engaging in trade with other nations By producing everything we need to live By growing our own food Question 13Which of these are examples of manufacturing industries? High technology equipment, banking, and food Paper, high technology equipment, and machinery Agriculture, paper, and healthcare Construction, automobiles, and government Question 14When did Canada enter into a free trade agreement with the USA? 1985 1988 2001 1990 Question 15What percentage of Canadian exports are sold to the USA? Approximately 50% More than 75% Approximately 85% Less than 40% Quiz 9: Canada’s Economy was last modified: September 20th, 2017 by CC Test Kit Bookmark the permalink.
