AFM 131 MODULE 2 EXAM QUESTIONS AND ANSWERS
VERIFIED 100% GUARANTEED PASS
The Canadian economy has a mixed system: its resources' sources are split
between _____________________________.
The government and market
Early in Canada's life, most trade was with the US because
__________________________.
Most people lived close to the US-Canada border
To regulate trade with the US, John A MacDonald established ________________.
A National Policy with tariffs on US goods
___________________________ are companies owned by the federal or provincial
government.
Crown corporations
Functions of crown corporations include
______________________________________.
Providing services not supplied by businesses, bail out industries, provide special
services
Typically one provincial crown corporation will oversee
__________________________.
Electricity production
, ___________________________ is a CC established in Alberta to make investment
decisions for oil.
Alberta Heritage Savings Trust Fund
___________________________ is a CC established to handle money from the
Quebec Pension Plan in 1966, and is now one of the largest pools of funds in
North America.
Casse de depot et placement du Quebec
________________________ is selling publicly-owned companies; reduces
government role in the economy.
Privatization
_______________________ is withdrawing of laws that hinder competitors.
Deregulation
Government beliefs and ____________________ both affect business.
Public perception
The four sources of Canadian laws outlined in the BNA act are
_______________________________.
The Constitution, judges' precedents, statutes, and administrative agencies
Aeronautics is a ___________________ responsibility.
Federal
Shipping is a ___________________ responsibility.
Federal
Railways are a ___________________ responsibility.
Federal
VERIFIED 100% GUARANTEED PASS
The Canadian economy has a mixed system: its resources' sources are split
between _____________________________.
The government and market
Early in Canada's life, most trade was with the US because
__________________________.
Most people lived close to the US-Canada border
To regulate trade with the US, John A MacDonald established ________________.
A National Policy with tariffs on US goods
___________________________ are companies owned by the federal or provincial
government.
Crown corporations
Functions of crown corporations include
______________________________________.
Providing services not supplied by businesses, bail out industries, provide special
services
Typically one provincial crown corporation will oversee
__________________________.
Electricity production
, ___________________________ is a CC established in Alberta to make investment
decisions for oil.
Alberta Heritage Savings Trust Fund
___________________________ is a CC established to handle money from the
Quebec Pension Plan in 1966, and is now one of the largest pools of funds in
North America.
Casse de depot et placement du Quebec
________________________ is selling publicly-owned companies; reduces
government role in the economy.
Privatization
_______________________ is withdrawing of laws that hinder competitors.
Deregulation
Government beliefs and ____________________ both affect business.
Public perception
The four sources of Canadian laws outlined in the BNA act are
_______________________________.
The Constitution, judges' precedents, statutes, and administrative agencies
Aeronautics is a ___________________ responsibility.
Federal
Shipping is a ___________________ responsibility.
Federal
Railways are a ___________________ responsibility.
Federal
