2: PART 2 - Canadian and Australian Economics (SS6E5/SS6E11)

PART 2 - Canadian and Australian Economics (SS6E5/SS6E11)

Read each slide and answer the questions that are in the presentation. You will receive a grade for completing this lesson when you answer all of the questions!

Multiple Choice

What does Canada specialize in?

• Logging

• Oil extraction and refining

• Mining

• Hydroelectricity

Multiple Choice

_______ IS A TAX ON IMPORTED GOOD

• Tariff

• Quota

• Embargo

Multiple Choice

_______ IS A LIMIT ON IMPORTED GOODS

• Tariff

• Quota

• Embargo

Multiple Choice

_______ IS A BLOCK ON ALL TRADE WITH ANOTHER NATION

• Tariff

• Quota

• Embargo

Multiple Select

Which countries signed the North American Free Trade Agreement (NAFTA)?

• Canada

• Australia

• United States

• Mexico

Multiple Select

What THREE things did the North American Free Trade Agreement (NAFTA) accomplish?

• RAISE THE COLLECTIVE STANDARD OF LIVING

• INCREASE MULTINATIONAL TRADE AND ECONOMIC COOPERATION ACROSS NORTH AMERICA

• DECREASED TRADE BETWEEN THE NORTH AMERICAN COUNTRIES

• ESTABLISHED ONE OF THE WORLD’S LARGEST FREE-TRADE ZONES