DLD Canada Review Flashcard

Front

Who is the actual head of the government in Canada?

Back

Prime Minister

Front

How is the leader chosen in Canada?

Back

the majority party of members voted into legislature select the leader

Front

What type of government does Canada have?

Back

Parliamentary Democracy

Front

What is the purpose of USMCA?

Back

Establish free trade between Canada, Mexico, and the United States

Front

Why is it important for nations to have a system to convert from one currency to another?

Back

Makes it possible to trade between countries with different types of money.

Front

Canada has what type of economic system? Options: pure market, mixed market, traditional, command

Back

mixed market

Front

The picture refers to Canada's investment in which Factor of Production?

Back

Human Capital

Front

Canada has invested in its' natural, human and capital resources. In fact, it has one of the highest rates of entrepreneurship in the world. Which statement below is a result? Options: High GDP and low standard of living, Low GDP and high standard of living, High GDP and high standard of living, Low GDP and low standard of living

Back

High GDP and high standard of living

Front

Which number BEST represent Canada's location on the economic continuum? Options: 1, 2, 3

Back

3

Front

Who is the head of state of Canada?

Back

King of England