Chapter 9 – Canada’s Economy

Canada Economy New
  1. In what year did Canada enact free trade with the United States?

1988

  1. What does “NAFTA” mean?

North American Free Trade Agreement

  1. What is the NAFTA agreement?

Free trade between Canada, the United States and Mexico

  1. Canada’s economy is among the top: 10
  2. What are Canada’s main types of industries?

Service, manufacturing and natural resources

  1. In what area do Canadians mostly work nowadays?

Service Industries

  1. Which industries have played an important part in Canada’s story and development?

Natural resources industries

  1. Who is Canada’s largest international trading partner?

United States

  1. How much of Canadian exports are destined for the U.S.A.?

Over three-quarters

  1. What is traditionally known as “the world’s longest undefended border”?

Canada-U.S.A border

  1. Which of the following statements is false about the Canada-U.S.A. relationship?

They have the biggest bilateral trading relationship in the world

Canada exports almost no goods to the U.S.A.

They have the world’s longest undefended border

Millions of Canadians and Americans cross every year the Canada-U.S.A. border

  1. Which of the following symbolizes the close ties and common interests of Canada and the U.S.A.?

The Peace Arch

  1. Which following countries are part of the G7?

United States, Germany, the United Kingdom, Italy, France, Japan, Canada

  1. How much merchandise trade was involved within NAFTA in 2008?

Over $1 trillion

  1. What is the G7?

A group of 7 leading industrialized countries

  1. Which industries make products to sell in Canada and around the world?

Manufacturing industries

  1. To which industries do transportation, education, health care, construction, banking, communications, retail services, tourism and government belong to?

Service industries

  1. To which industries do products such as paper, high technology equipment, aerospace technology, automobiles, machinery, food and clothing belong to?

Manufacturing industries

  1. To which industries do forestry, fishing, agriculture, mining and energy belong to?

Natural resources industries

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