Economics of Canada

Most cities in Canada are located near the -

• Arctic Circle

• United States

• Atlantic Ocean

• St. Lawrence Seaway

In the U.S. and Canada, nearly 80% of people in the labor force are employed in

• Agriculture

• Service Industries

• Manufacturing

• Medical research

What country is located North of the United States?

• Canada

• Mexico

• Russia

• Guatamala

If the government subsidizes part of your income and you are able to get food stamps and fly on the National airlines. But you are still able to open a business what kind of Economic system do you live in?

• Mixed economy

• Free market economy

• Command Economy

• Traditional economy

What three countries are in trade agreement of NAFTA

• US, Mexico, and Canada

• US, Greenland, and El Salvador

• Mexico, Canada, and Cuba

• Haiti, Bolivia, Paraguay

Which economic system uses bartering?

• Free Market

• Command

• Mixed

• Traditional

NAFTA is an agreement between all of the following countries EXCEPT

• United States
• Mexico
• Great Britain
• Canada

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Free trade means 

• the countries use the same currency
• No trade barriers
• there is a quota on some goods
• trade is quick and easy

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NAFTA was signed by the three countries in 

• 2004
• 1984
• 1994
• 2014

What is the purpose of NAFTA?

• To increase trade between all countries
• To help Canada become a more independent nation
• To eliminate the environmental issues between the nations involved