Question 1
Why has Canada always been considered a trading nation?
β Because it does not have natural resources
β‘οΈ Because commerce remains an important engine of economic growth (β
Correct Answer)
β Because it imports all of its products
β Because trade is required by law
β
Question 2
Why is international trade important to Canadians?
β It eliminates the need for manufacturing
β‘οΈ It helps maintain Canada's standard of living (β
Correct Answer)
β It replaces domestic industries
β It reduces the population
β
Question 3
In what year did Canada enact free trade with the United States?
β 1994
β 1982
β 1867
β‘οΈ 1988 (β
Correct Answer)
β
Question 4
Which country joined Canada and the United States in the North American Free Trade Agreement (NAFTA) in 1994?
β‘οΈ Mexico (β
Correct Answer)
β Germany
β France
β Japan
β
Question 5
What does NAFTA stand for?
β National American Financial Trade Agreement
β National Association for Trade and Agriculture
β North Atlantic Free Trade Alliance
β‘οΈ North American Free Trade Agreement (β
Correct Answer)
β
Question 6
Approximately how many people were included in the NAFTA market mentioned in the study guide?
β 44 million
β 844 million
β‘οΈ 444 million (β
Correct Answer)
β 144 million
β
Question 7
In 2008, approximately how much merchandise trade took place within the NAFTA market?
β Over $10 billion
β Over $100 billion
β Over $1 billion
β‘οΈ Over $1 trillion (β
Correct Answer)
β
Question 8
Which statement best describes Canada's economy today?
β‘οΈ Canada has one of the ten largest economies in the world (β
Correct Answer)
β Canada has the smallest economy in North America
β Canada does not participate in international trade
β Canada depends only on agriculture
β
Question 9
Canada is a member of which group of leading industrialized countries?
β G5
β G7
β‘οΈ G8 (β
Correct Answer)
β G20
β
Question 10
Which of the following countries was listed in the study guide as a member of the G8 along with Canada?
β Brazil
β China
β‘οΈ Japan (β
Correct Answer)
β India
β
Question 11
Which of the following countries was listed in the study guide as a member of the G8 along with Canada?
β Brazil
β‘οΈ Germany (β
Correct Answer)
β India
β China
β
Question 12
Canada's economy includes how many main types of industries?
β Three (β
Correct Answer)
β Five
β Four
β Two
β
Question 13
Which of the following is one of Canada's three main types of industries?
β‘οΈ Service industries (β
Correct Answer)
β Entertainment industries
β Military industries
β Space industries
β
Question 14
What do service industries primarily provide?
β Natural resources only
β‘οΈ Thousands of different jobs and services (β
Correct Answer)
β Agricultural exports only
β Manufactured goods only
β
Question 15
Which of the following is an example of a service industry?
β Forestry
β Mining
β Oil drilling
β‘οΈ Banking (β
Correct Answer)
β
Question 16
Which of the following is another example of a service industry?
β‘οΈ Tourism (β
Correct Answer)
β Fishing
β Energy production
β Agriculture
β
Question 17
What do manufacturing industries do?
β Manage elections
β Provide government services
β‘οΈ Make products to sell in Canada and around the world (β
Correct Answer)
β Regulate trade agreements
β
Question 18
Approximately what percentage of working Canadians are employed in service industries?
β More than 50%
β‘οΈ More than 75% (β
Correct Answer)
β More than 90%
β More than 25%
β
Question 19
Which of the following is an example of a manufactured product mentioned in the study guide?
β Oil reserves
β Lumber forests
β‘οΈ Automobiles (β
Correct Answer)
β Fish stocks
β
Question 20
Which of the following products is specifically mentioned as being produced by Canada's manufacturing industries?
β Wildlife
β National parks
β‘οΈ Machinery (β
Correct Answer)
β Rivers
β
Question 21
Which manufacturing industry mentioned in the study guide is known for producing aircraft and related technology?
β Mining industry
β Fishing industry
β‘οΈ Aerospace industry (β
Correct Answer)
β Forestry industry
β
Question 22
Which of the following products is identified in the study guide as a manufactured product?
β Fish habitats
β‘οΈ High-technology equipment (β
Correct Answer)
β Forests
β Crude oil reserves
β
Question 23
Which of the following products is specifically mentioned as being produced by Canada's manufacturing industries?
β Oil reserves
β Forests
β Wheat fields
β‘οΈ Automobiles (β
Correct Answer)
β
Question 24
Which of the following is one of Canada's three main types of industries?
β Political industries
β Legal industries
β‘οΈ Natural resources industries (β
Correct Answer)
β Entertainment industry
β
Question 25
Which of the following activities is included in Canada's natural resources industries?
β Retail services
β Banking
β Communications
β‘οΈ Forestry (β
Correct Answer)
β
Question 26
Which of the following activities is included in Canada's natural resources industries?
β Tourism
β Health care
β‘οΈ Mining (β
Correct Answer)
β Education
β
Question 27
Which of the following activities is included in Canada's natural resources industries?
β Construction services
β Retail sales
β Government administration
β‘οΈ Energy production (β
Correct Answer)
β
Question 28
Why have natural resources industries played an important role in Canada?
β They replaced manufacturing industries
β‘οΈ They have played an important part in Canada's history and development (β
Correct Answer)
β They eliminated the need for trade
β They reduced Canada's exports
β
Question 29
Today, the economy of many areas of Canada still depends on:
β‘οΈ Developing natural resources (β
Correct Answer)
β Government employment only
β Manufacturing automobiles only
β Tourism alone
β
Question 30
A large percentage of Canada's exports are:
β Cultural programs
β Election materials
β‘οΈ Natural resource commodities (β
Correct Answer)
β Government services
β
Question 31
Which country is Canada's largest trading partner?
β Mexico
β United Kingdom
β‘οΈ United States (β
Correct Answer)
β China
β
Question 32
A large portion of Canada's exports are sold to:
β India
β Brazil
β‘οΈ United States (β
Correct Answer)
β Australia
β
Question 33
What does the study guide say about many Canadian industries and businesses?
β They trade only within Canada
β‘οΈ They are closely connected with the United States (β
Correct Answer)
β They operate independently from other countries
β They depend only on government funding
β
Question 34
Which statement best describes the CanadaβUnited States economic relationship?
β The two countries have no trade agreements
β The two countries rarely trade with one another
β‘οΈ The two countries have one of the largest trading relationships in the world (β
Correct Answer)
β The two countries trade only natural resources
β
Question 35
What is the Peace Arch?
β A government office in Ottawa
β A national park
β‘οΈ A monument located on the CanadaβUnited States border (β
Correct Answer)
β A Canadian trade organization
β
Question 36
What message is written on the Peace Arch?
β‘οΈ Children of a Common Mother (β
Correct Answer)
β Together We Prosper
β Unity Through Trade
β Liberty and Justice for All
β
Question 37
The Peace Arch symbolizes:
β Canada's membership in the G8
β The end of international trade
β‘οΈ The close relationship between Canada and the United States (β
Correct Answer)
β Canada's independence from the United States
β
Question 38
Which of the following best describes Canada's economy according to the study guide?
β‘οΈ It is based on service, manufacturing, and natural resource industries (β
Correct Answer)
β It does not participate in international trade
β It depends entirely on agriculture
β It relies on only one industry
β
Question 39
Why is international trade important to Canada's economy?
β‘οΈ It helps support economic growth and a high standard of living (β
Correct Answer)
β It reduces employment opportunities
β It prevents domestic production
β It eliminates the need for Canadian industries
β
Question 40
Why is Canada considered one of the world's leading economies?
β Because it relies entirely on government services
β‘οΈ Because of its strong trade relationships, industries, and natural resources (β
Correct Answer)
β Because it produces only agricultural products
β Because it avoids international trade
β
Question 41
Which industry employs the largest percentage of working Canadians?
β Natural resources industries
β‘οΈ Service industries (β
Correct Answer)
β Agricultural industries
β Manufacturing industries
β
Question 42
Which of the following is NOT one of Canada's three main types of industries?
β Manufacturing industries
β Natural resources industries
β‘οΈ Political industries (β
Correct Answer)
β Service industries
β
Question 43
Which natural resources industry is associated with Canada's forests?
β Banking
β Manufacturing
β‘οΈ Forestry (β
Correct Answer)
β Tourism
β
Question 44
Which natural resources industry is associated with catching fish and seafood?
β Mining
β‘οΈ Fishing (β
Correct Answer)
β Energy production
β Agriculture
β
Question 45
Which natural resources industry is associated with growing crops and raising livestock?
β Mining
β Tourism
β‘οΈ Agriculture (β
Correct Answer)
β Forestry
β
Question 46
Which natural resources industry is associated with extracting minerals from the earth?
β Manufacturing
β Communications
β Banking
β‘οΈ Mining (β
Correct Answer)
β
Question 47
Which natural resources industry is associated with oil, gas, and electricity production?
β Retail
β Tourism
β‘οΈ Energy (β
Correct Answer)
β Transportation
β
Question 48
Why are Canada's natural resources important?
β They eliminate the need for trade
β They are used only within Canada
β‘οΈ They contribute significantly to exports and economic development (β
Correct Answer)
β They replace service industries
β
Question 49
What does the Peace Arch represent?
β Canada's independence from international trade
β Canada's membership in the G8
β‘οΈ The close friendship and economic relationship between Canada and the United States (β
Correct Answer)
β A military alliance between Canada and the United States
β
Question 50
What is the key idea of Chapter 9: Canada's Economy?
β Natural resources are Canada's only source of wealth
β Canada depends only on manufacturing industries
β‘οΈ Canada's prosperity depends on international trade, diverse industries, and natural resources (β
Correct Answer)
β Canada trades only with the United States
β
Question 51
Which trade agreement came into effect between Canada and the United States in 1988?
β‘οΈ CanadaβUnited States Free Trade Agreement (β
Correct Answer)
β North American Free Trade Agreement (NAFTA)
β General Agreement on Tariffs and Trade (GATT)
β Trans-Pacific Partnership (TPP)
β
Question 52
What does the study guide say about many Canadian industries and businesses?
β They trade only within Canada
β‘οΈ They are closely connected with the United States (β
Correct Answer)
β They avoid international trade
β They depend only on government support
β
Question 53
Which agreement created one of the largest free-trade markets in the world?
β Commonwealth Agreement
β‘οΈ NAFTA (β
Correct Answer)
β G8 Agreement
β United Nations Charter
β
Question 54
Which of the following best describes Canada's role in international trade?
β‘οΈ Canada is an active trading nation that depends on international commerce (β
Correct Answer)
β Canada trades only natural resources
β Canada trades only within North America
β Canada rarely participates in international trade
β
Question 55
Which sector of the economy includes banking, communications, and tourism?
β Natural resources industries
β Agricultural industries
β Manufacturing industries
β‘οΈ Service industries (β
Correct Answer)
β
Question 56
Which sector of the economy produces automobiles, machinery, and high-technology equipment?
β Natural resources industries
β Service industries
β‘οΈ Manufacturing industries (β
Correct Answer)
β Financial industries
β
Question 57
Which sector of the economy includes forestry, fishing, agriculture, mining, and energy?
β‘οΈ Natural resources industries (β
Correct Answer)
β Service industries
β Transportation industries
β Manufacturing industries
β
Question 58
Why are manufacturing industries important to Canada's economy?
β‘οΈ They produce goods for sale in Canada and around the world (β
Correct Answer)
β They regulate international trade
β They replace service industries
β They employ only government workers
β
Question 59
What helps Canadians enjoy a high standard of living?
β Depending only on natural resources
β Avoiding trade with other countries
β‘οΈ International trade and a strong economy (β
Correct Answer)
β Eliminating manufacturing industries
β
Question 60
According to Chapter 9, Canada's economy is strengthened by:
β‘οΈ International trade, manufacturing, services, and natural resources (β
Correct Answer)
β Government services alone
β Agriculture alone
β Manufacturing alone