Basics

Question 1

Define Business

Answer 1

An organization where people work together. A business will sell a good or service and more often than not it’s for a profit.

Question 2

Canada Trading Partner

Answer 2

A business in Canada that has developed a relationship with another country.

Question 3

International trade occurs between _________.

Answer 3

Businesses not countries.

Question 4

Exports

Answer 4

goods or raw materials that a country sends out to trade to other countries.

Question 5

Imports

Answer 5

goods of raw materials that a country recieves from other countries through trade.