Canada's Economy: practice questions

The 10 questions

Choose your answer, then open “Show answer” to check it and read why.

1. Question 1 of 10

   What are the three main types of industries in Canada?

   1. Agriculture, fishing, mining
   2. Service, manufacturing, and natural resources
   3. Oil, gas, and coal
   4. Technology, finance, and tourism
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   Answer: B. Service, manufacturing, and natural resources

   Canada's economy is built on three main industries: service industries, manufacturing industries, and natural resources industries.

2. Question 2 of 10

   When did NAFTA come into effect?

   1. 1982
   2. 1988
   3. 1994
   4. 2000
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   Answer: C. 1994

   The North American Free Trade Agreement (NAFTA) took effect in 1994, adding Mexico to the earlier 1988 Canada–U.S. free trade agreement.

3. Question 3 of 10

   Which of the following is a service industry?

   1. Mining
   2. Forestry
   3. Banking
   4. Automobile manufacturing
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   Answer: C. Banking

   Banking is a service industry. Mining and forestry are natural resource industries; automobiles are manufactured goods.

4. Question 4 of 10

   Which of the following is a major Canadian export?

   1. Energy products
   2. Semiconductors only
   3. Tropical fruit
   4. Rubber
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   Answer: A. Energy products

   Energy products are among Canada's main exports, along with industrial goods, automotive products, agricultural goods, forestry, and fish.

5. Question 5 of 10

   According to Discover Canada, how does Canada's economy rank in the world?

   1. About the 100th largest economy in the world
   2. About the 50th largest economy in the world
   3. One of the ten largest economies in the world
   4. One of the smallest economies in the world
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   Answer: C. One of the ten largest economies in the world

   Discover Canada says Canada has one of the ten largest economies in the world.

6. Question 6 of 10

   According to Discover Canada, about how many people did NAFTA include in 2008?

   1. 100 million
   2. 250 million
   3. 444 million
   4. 1 billion
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   Answer: C. 444 million

   Discover Canada says NAFTA had over 444 million people in 2008.

7. Question 7 of 10

   You are looking for work in Canada. Which industry sector employs the most Canadians?

   1. Manufacturing
   2. Natural resources
   3. Service industries
   4. Agriculture
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   Answer: C. Service industries

   Over 75% of working Canadians are employed in service industries, making it by far the largest employer.

8. Question 8 of 10

   Canadian manufacturing industries produce goods such as:

   1. Only timber and fish
   2. Paper, high-tech equipment, aerospace products, and automobiles
   3. Only oil and gas
   4. Only agricultural products
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   Answer: B. Paper, high-tech equipment, aerospace products, and automobiles

   Canada's manufacturing industries produce paper, high-tech equipment, aerospace products, automobiles, machinery, food, and clothing.

9. Question 9 of 10

   Which of the following are examples of Canadian service industries?

   1. Forestry, fishing, and mining
   2. Transportation, banking, and tourism
   3. Aerospace, automobiles, and machinery
   4. Oil, gas, and coal
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   Answer: B. Transportation, banking, and tourism

   Service industries include transportation, education, health care, construction, banking, communications, retail, tourism, and government.

10. Question 10 of 10

    Oil and gas production belongs to which type of Canadian industry?

    1. Service industries
    2. Manufacturing industries
    3. Natural resources industries
    4. Technology industries
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    Answer: C. Natural resources industries

    Oil and gas production, along with forestry, fishing, agriculture, and mining, is part of Canada's natural resources industries.