Canada 1 Question Preview (ID: 41637)
The First Of Several Parts.
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What was the primary subject of the 1990s treaty between the U.S., Canada, and Mexico?
a) immigration
b) ending drug smuggling
c) reduction of nuclear weapons
d) free trade between the three countries
In a market economy, prices are established by
a) consumers and labor unions.
b) decree of government agencies.
c) the interaction of supply and demand.
d) businesses which buy and sell the products.
Which statement is a PRIMARY characteristic of a capitalist system?
a) graduated income tax
b) private ownership of property
c) equal distribution of resources
d) governmental regulation of business
In a command economy, how is it determined what goods and services will be produced?
a) Businesses decide what to produce on the basis of market conditions.
b) Consumers decide through their behavior in the marketplace.
c) Central government planning decides what will be produced.
d) Supply and demand control production and price.
The price of one nation's currency in terms of another nation's currency is called
a) fiscal policy.
b) monetary policy.
c) the exchange rate.
d) the discount rate.
Which of these BEST explains why most of Canada's population has settled near its border with the United States?
a) Canada is populated primarily by former American citizens.
b) Canadians prefer the culture of the United States to that of their own.
c) The climate there is less harsh than in more northern areas of the country.
d) There are few resources north of the United States to sustain large populations.
Nearly 90% of Canada's population lives
a) in the province of Quebec.
b) beside the St. Lawrence waterway.
c) along the west coast of British Columbia.
d) within 100 miles of the border of the United States.
Canada's geography allows it to be the world's fifth-largest producer of which natural resource?
a) cattle
b) strawberries
c) oil
d) diamonds
Which industry would MOST LIKELY be found to be profitable in the area known as the Canadian Shield?
a) farming
b) fishing
c) manufacturing
d) mining
The head of state of the Canadian government is the
a) President
b) The Queen of England
c) Prime Minister
d) King of Canada
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