Canadian Government and Economics

What type of government exists in Canada?

• Presidential Democracy

• Parliamentary Democracy

• Autocracy

• Dictatorship

In Canada, who do citizens elect?

• Citizens elect both legislature and chief executive

• Citizens elect only the legislature

• Citizens elect only the leader

• Citizens have no role in their government

What is the purpose of the United States - Mexico - Canada Agreement?

• To increase trade barriers and decrease trade

• To increase trade barriers and make it more difficult to trade

• To remove trade barriers and increase trade

• To remove trade barriers and promote economic independence

What type of economy is found in Canada?

• Mixed-market

• Mixed-command

• Pure command

• Pure market

What type of trade barrier is being described?
The United States stopped trading with Cuba following the Cuban Missile Crisis.

• Physical

• Quota

• Tariff

• Embargo

What economic growth factor is being invested in?
A company wants to ensure that their technology is updated. They choose to purchase a new software system to make their workers more efficient.

• Natural Resources

• Entrepreneurship

• Capital Goods

• Human Capital

How do literacy rates affect their standard of living?

• The higher the literacy rates the lower the standard of living.

• The higher the standard of living the lower the literacy rate.

• The higher the literacy rates the higher the standard of living.

• The lower the literacy rates the higher the standard of living.

A country can increase its human capital by investing in which of the following?

• Education for its citizens

• New machinery for factories

• Updating railroads and airports

• Installing windmills and solar panels

What is the purpose of a quota?

• The purpose is to raise the price of a foreign good by placing a tax on it.

• The purpose is to punish other nations for safety reasons.

• The purpose is to completely block trade with another nation.

• The purpose is to place a limit on imported goods so that citizens will buy more local goods.

Citizens elect ONLY the legislature in which type of government?

• Dictatorship

• Monarchy

• Presidential Democracy

• Parliamentary Democracy