History of Canadian Trade Flashcards
1
Q
What makes Canada an attractive trading partner
A
- Can ship goods
- Close to water
- Natural resources
- Stable economy (has own currency)
- Educated workforce
2
Q
Early Canadian trade
A
- Over 3000 years ago
- Each area had different goods and services to provide
- China traded silk and tea for spices from India
- As the Roman Empire grew, so did trade as they conquered many lands
3
Q
World Trade Organization
A
- WTO deals with the global rules of trade between nations
- Its main function is to ensure that trade flows as smoothly, predictably and freely as possible