Canada's Economy Flashcards
When did Canada enact free trade with the US?
1988
When did Mexico become a partner in the broader North American Free Trade Agreement (NAFTA)?
1994
How big is Canada’s economy?
It is one of the ten largest economies in the world and is part of the G8 group of leading industrialized countries with the United States, Germany, the United Kingdom, Italy, France, Japan and Russia.
What are the three main types of industries?
Service industries
Manufacturing industries
Natural Resource industries
How many working Canadians have jobs in the service industry?
Over 75%
What do manufactured products include?
paper, high technology equipment, aerospace technology, automobiles, machinery, food, clothing and many other goods.
Who is our largest manufacturing international trading partner?
US
What are a large percentage of Canada’s exports ?
Natural resourse commodities
What do natural resources inculde?
forestry, fishing, agriculture, mining and energy
Who is the US’s largest trading partner?
Canada
How much of Canadian exports are destined for the U.S.A?
Over three quarters
Does Canada have the biggest bilateral trading relationship in the world?
Yes
How much dollars worth of energy products, industrial goods, machinery, equipment, automotive, agricultural, fishing and forestry products, and consumer goods are exported every year?
Billions
What is the Canadian-American border known as?
“the world’s longest undefended border.”
What is the Preach Arch at Blaine in the state of Washington incribed with and what does it symbolize?
children of a common mother” and “brethren dwelling together in unity,” which symbolizes our close ties and common interests.
