Chapter 9 - Canada's Economy

19 Questions | By Lisapatel | Updated: Mar 22, 2022 | Attempts: 400

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Canada is a country found on north of the world that goes from the US in the south to the arctic circle in the north. Take up the quiz to gauge your knowledge on Canada’s economy.

Questions and Answers

1.

In what year did Canada enact free trade with the United States?
- A.
  
  1979
- B.
  
  1892
- C.
  
  1988
- D.
  
  1998
2.

What does "NAFTA" mean?
- A.
  
  North American Free Treasury Agreement
- B.
  
  North American Forced Trade Agreement
- C.
  
  National Armed Forces Treaty Agreement
- D.
  
  North American Free Trade Agreement
3.

What is the NAFTA agreement?
- A.
  
  Free trade between Canada, the United States and Mexico
- B.
  
  Free trade between Canada, the United States and Europe
- C.
  
  Free trade between Canada, the United States and the United Kingdom
- D.
  
  Free trade between Canada, the Europe and Mexico
4.

Canada's economy is among the top:
- A.
  
  5
- B.
  
  10
- C.
  
  20
- D.
  
  3
5.

What are Canada's main types of industries?
- A.
  
  Service, manufacturing and natural resources
- B.
  
  Service, fishing and natural resources
- C.
  
  Tourism and natural resources
- D.
  
  Farming and fishing
6.

In what area do Canadians mostly work nowadays?
- A.
  
  Manufacturing industries
- B.
  
  Natural resources industries
- C.
  
  Farming industries
- D.
  
  Service Industries
7.

Which industries have played an important part in Canada's story and development?
- A.
  
  Manufacturing industries
- B.
  
  Service industries
- C.
  
  Natural resources industries
- D.
  
  Trading industries
8.

Who is Canada's largest international trading partner?
- A.
  
  United States
- B.
  
  Mexico
- C.
  
  Europe
- D.
  
  China
9.

How much of Canadian exports are destined for the U.S.A.?
- A.
  
  Two-third
- B.
  
  Over three-quarters
- C.
  
  Half
- D.
  
  Over one-third
10.

What is traditionally known as "the world's longest undefended border"?
- A.
  
  Both Canadian Atlantic and Pacific coasts
- B.
  
  Mexico-U.S.A border
- C.
  
  Canada-U.S.A border
- D.
  
  The Great Wall of China
11.

Which of the following statements is false about the Canada-U.S.A. relationship?
- A.
  
  They have the biggest bilateral trading relationship in the world
- B.
  
  Canada exports almost no goods to the U.S.A.
- C.
  
  They have the world's longest undefended border
- D.
  
  Millions of Canadians and Americans cross every year the Canada-U.S.A. border
12.

Which of the following symbolizes the close ties and common interests of Canada and the U.S.A.?
- A.
  
  The Statue of Liberty
- B.
  
  The Stanley Cup
- C.
  
  The Peace Arch
- D.
  
  The Peace Tower
13.

Which following countries are part of the G8?
- A.
  
  United States, Germany, the United Kingdom, Italy, France, Canada, China and Russia
- B.
  
  United States, Germany, the United Kingdom, Japan, Canada, Russia, France and China
- C.
  
  United States, the United Kingdom, Japan, Canada, Australia, Russia, France and China
- D.
  
  United States, Germany, the United Kingdom, Italy, France, Japan, Canada and Russia
14.

How much merchandise trade was involved within NAFTA in 2008?
- A.
  
  About $100 billion
- B.
  
  Over $1 trillion
- C.
  
  About $500 billion
- D.
  
  Over $100 trillion
15.

What is the G8?
- A.
  
  A group of 8 leading industrialized countries
- B.
  
  The 8 countries involved in NAFTA
- C.
  
  The group of 8 Fathers of Confederation
- D.
  
  A group of 8 famous Canadian artists
16.

Which industries make products to sell in Canada and around the world?
- A.
  
  Service industries
- B.
  
  Manufacturing industries
- C.
  
  Natural resources industries
- D.
  
  Trading Industries
17.

To which industries do transportation, education, health care, construction, banking, communications, retail services, tourism and government belong to?
- A.
  
  Manufacturing industries
- B.
  
  Natural resources industries
- C.
  
  Service industries
- D.
  
  Trading Industries
18.

To which industries do products such as paper, high technology equipment, aerospace technology, automobiles, machinery, food and clothing belong to?
- A.
  
  Service industries
- B.
  
  Manufacturing industries
- C.
  
  Natural resources industries
- D.
  
  Trading Industries
19.

To which industries do forestry, fishing, agriculture, mining and energy belong to?
- A.
  
  Service industries
- B.
  
  Manufacturing industries
- C.
  
  Trading Industries
- D.
  
  Natural resources industries