Canada's Economy and Natural Resources

The video explores the Canadian economy, focusing on its natural resources, agriculture, and manufacturing sectors. It highlights the strong economic ties between Canada and the United States, particularly in oil and gas trade. The video also discusses the impact of the North American Free Trade Agreement (NAFTA) on trade between Canada, the US, and Mexico. Key concepts include the movement of goods, the significance of natural resources, and the role of trade agreements in shaping economies.

What is the primary focus of the lesson on the Canadian economy?

• Canada's cultural diversity

• Canada's political system

• Canada's natural resources and trade

• The history of Canada

Which natural resource is Canada the largest exporter of to the United States?

• Natural gas

• Coal

• Oil

• Timber

How is oil transported from Canada to the United States?

• Through pipelines

• By trucks

• By rail

• By ships

What is the primary theme discussed in relation to the movement of oil?

• Geographic movement

• Cultural exchange

• Political boundaries

• Economic policies

What percentage of Canada's land is arable?

• 5%

• 20%

• 15%

• 10%

Which of the following is NOT a major agricultural product of Canada?

• Oil seed

• Barley

• Rice

• Wheat

Which country is the second largest in the world by land mass?

• Canada

• China

• United States

• Russia

What is Canada's biggest trading partner?

• China

• Mexico

• United States

• United Kingdom

What was the main effect of the North American Free Trade Agreement on Canada?

• Increased tariffs

• Elimination of trade barriers

• Increased import taxes

• Decreased trade with Mexico

What will the next lesson focus on after the Canadian economy?

• Mexico's political system

• Mexico's physical geography

• Mexico's cultural heritage

• Mexico's economic policies