Metals Tariffs Should Be Lifted Before USMCA Signed, Canada's Morneau Says

Metals Tariffs Should Be Lifted Before USMCA Signed, Canada's Morneau Says

Assessment

Interactive Video

Business, Social Studies

University

Hard

Created by

Quizizz Content

FREE Resource

The video discusses Canada's economic fundamentals, focusing on trade talks with the US and China, fiscal policy, and deficit management. It highlights job creation and wage growth strategies, addresses the SNC Lavalin scandal, and explores trade relations and tariff issues with the US and China.

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7 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the primary focus for policymakers when assessing the economy?

Inversion of the yield curve

Cryptocurrency trends

Economic fundamentals

Global stock markets

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How might a US-China trade agreement benefit Canada?

By increasing oil exports

By improving trade relations with Europe

By reducing Canada's GDP

By positively impacting Canada's economy

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is Canada's approach to fiscal policy in light of a strong economy?

Cutting all government spending

Maintaining fiscal prudence while investing

Increasing the deficit significantly

Focusing solely on tax cuts

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What has been a significant achievement in Canada's employment sector recently?

A decrease in job opportunities

A rise in unemployment rates

Creation of 900,000 new jobs

Reduction in wage growth

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the global conversation about Canada currently focused on?

Canada's agricultural exports

Canada's space exploration efforts

The SNC Lavalin scandal

Canada's tourism industry

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How is Canada addressing the challenges posed by international trade issues?

By ignoring diplomatic relations

By engaging diplomatically with China and the US

By increasing tariffs on all imports

By focusing only on domestic issues

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is Canada's stance on the steel and aluminum tariffs imposed by the US?

They are beneficial for both economies

They are necessary for security reasons

They do not make sense and should be removed

They should be increased further