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The US and Canada TODAY. Chapter 6. E conomics. 1.Which is true about a free market economy? A. The government has limited involvement. B. The government has no involvement. C. The government makes all of the decisions. D. There is no government. . E conomics.
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The US and Canada TODAY Chapter 6
Economics • 1.Which is true about a free market economy? • A. The government has limited involvement. • B. The government has no involvement. • C. The government makes all of the decisions. • D. There is no government.
Economics 2. The two key groups who make up a free market economy are – • A. government and business owners • B. business owners and producers • C. consumers and business owners • D. employees and prducers
economics • 3. A trade deficit occurs when a country – • A. spends more on imports than it earns on exports • B. earns more on exports than it spends on imports • C. takes away trade barriers • D. signs trade agreements with other countries
economics • 4. The United States currently – • A. earns more on its exports than in spends on imports • B. has a trade surplus • C. spends more on imports than it earns on exports • D. spends little money on imports
Economics • 5. Canada currently has – • A. a trade deficit because it is spending too much on imports. • B. a trade surplus because it earns more on exports. • C. trade equilibrium because imports equal exports • D. no trade
economics • 6. The country with the largest economy is – • A. China • B. Canada • C. Mexico • D. the United States
Economics • 7. What is the purpose of NAFTA? • A. Remove barriers to trade to its members • B. Limit trade to its members • C. Add extra quotas and tariffs • D. Take away trade deficits
economics • 8. What countries are members of NAFTA? • A. China, the US, and Canada • B. China, Mexico, and the US • C. China, Mexico, and Canada • D. The US, Canada, and Mexico
economics • 9. The top three trading partners with the US in order are – • China, Mexico, Canada • Canada, China, Mexico • Mexico, Canada, China • China, Canada, Mexico
economics • 10. What is the main economic resource found in Canada’s North? • A. lumber • B. minerals • C. fish • D. manufacturing
economics • 11. The south’s major economic activities include – • A. ranching, lumbering, mining • B. business, trade, manufacturing • C. aviation, movie industry • D. tourism, trade, oil production
Economics • 12. The major economic activities of the northeastern US include – • A. ranching, lumbering, mining • B. business and trade • C. aviation, movie industry • D. tourism, trade, oil production
economics • 13. Until recently, the main economic activities of the Interior West had been – • A. ranching, lumbering, mining • B. business, trade, manufacturing • C. aviation, movie industry • D. tourism, trade, oil production
Economics • 14. Which region of the US is dealing with the effects of outdated manufacturing plants? • A. the South • B. the Pacific • C. the Interior West • D. the Midwest
economics • 15. The city that is located on the St. Lawrence River in Canada and has a lot of industry and banking is – • A. Toronto • B. Halifax • C. Montreal • D. Ottawa
economics • 16. An important city for biotechnology research is Boston. • Biotechnology is – • A. the study of cells • B. biology and technology • C. using robots instead of doctors • D. using computers to do surgery
Economics • 17. The government provides health care to all its citizens in which country(ies)? • A. Canada and the US • B. Canada only • C. the US only • D. the US and Mexico
economics • 18. Moving from the east to the west coast, what is the order of the US’s economic regions? • Northeast, Pacific, Interior West, Midwest, South • Pacific, Interior West, South, Midwest, Northeast • Northeast, South, Midwest, Interior West, Pacific • South, Pacific, Interior West, Midwest, Northeast
Economics • 19.What is the western-most region of the US? • A. Pacific • B. Midwest • C. Interior West • D. South
Economics • 20. Which region of the US is the one in which we live? • A. South • B. Pacific • C. Midwest • D. Northeastern
Economics • 21. Which region of the US includes the Great Lakes? • A. South • B. Interior West • C. Midwest • D. Northeast
Other stuff • 22. What is the US’s most populous state? • A. California • B. New York • C. Texas • D. Alaska
Other stuff • 23. Which is Canada’s most populous province? • A. Ontario • B. Quebec • C. British Columbia • D. Manitoba
Other stuff • 24. How do the US and Canada participate in the United Nations? • A. By creating NAFTA • B. By contributing money and peacekeepers • C. By looking for weapons of mass destruction • D. By enforcing laws
environment • 25. When population spreads into natural areas, this is called – • A. urban sprawl • B. citification • C. suburban creep • D. a strip mall
environment • 26. Changing weather patterns are thought to be a result of – • A. acid rain • B. urban sprawl • C. global warming • D. change in earth’s tilt
environment • 27. Brownfields are – • A. farmlands that have a drought • B. a field of special brown grass • C. old, polluted, abandoned sites • D. dilapidated buildings