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- 1. Multiple Choice
The economy is...
the selling, purchasing, and delivery of goods and services.
the making, selling, and buying of goods and services.
the delivery, selling and buying of goods and services
the building, making, and creating of goods and services.
- 2. Multiple Choice
A good is...
a product you can deliver such as pizza delivery, amazon, or uber.
a service that provides value to a consumer
a product you can use or consume such as a car, video game, or chocolate bar.
something that is good.
- 3. Multiple Choice
A service is...
a good given to one person for another.
a product given to one person for another.
an economy given to one person for another.
a task performed by one person for another.
- 4. Multiple Choice
Invest means...
to give another person, bank, or company money in the hope of making money.
to give services to a person in order to make money.
to give products to another person in order to make money.
to wear a vest indoors.
- 5. Multiple Choice
Canada exports means to...
import goods to another country
buy and build in another country
sell and send to another country
- 6. Fill in the Blank
The bike store in Mark's neighbourhood ________ bikes from China and sells them to Canadians.
- 7. Fill in the Blank
Canada usually ______ lumber, oil, minerals and wheat to other countries.
- 8. Multiple Choice
This organization supervises trade worldwide. Its focus is to make sure that trade happens around the world easily and effectively.
WHO
WTO
WWW
WWF
- 9. Multiple Choice
The North American Free Trade Agreement (NAFTA) was renegotiated and was replaced by an updated and rebalanced agreement called...
The Deal of all Deals (DOD)
The New North American Free Trade Agreement (NNAFTA)
The United States-Mexico-Canada Agreement (USMCA)
- 10. Multiple Choice
Which of the following countries was not in the TOP 10 countries that Canada imported from in 2012.
United States
China
Mexico
Russia
- 11. Multiple Choice
According to this map about how much money in total does Canada spend on imports from China?
1 billion
25 billion
10 billion
33 billion
- 12. Multiple Choice
What is the Global Economy?
It is the Globe of earth
It is the trading of goods around the world
It is globalizing the global empire
It is countries around the world communicating with each other.
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