,DOWNLOAD THE Test Bank for Business Strategy Development Application 3rd Ed
m m m m m m m m m m
ition Bissonette m
Chapterm02 m-mThemCanadian mEconomicmEnvironment
Chapter 02 m
mThe Canadian Economic Environmen
m m m
t
Truem/mFalsemQuestions
1. Technologicalminnovationmismonemof mthemkeymfactorsmdeemed mcriticalmtomthemsuccessmof mt
hemCanadianmeconomy.
TRUE
Accessibility: mKeyboard mNavigationm Difficu
lty: mEasy
Learning mObjective: m02-
01 mThemabilitymto midentifymthemmajormcontributing mfactorsmthatmimpactmoverallmeconomicmdevelopment. m Topic: m02-
01 mCanada mand mItsmEconomicmSystem
2. Canadamismammembermof mthemG7/G8.
TRUE
Accessibility: mKeyboard mNavigationm Difficu
lty: mEasy
Learning mObjective: m02-
01 mThemabilitymto midentifymthemmajormcontributing mfactorsmthatmimpactmoverallmeconomicmdevelopment. m Topic: m02-
01 mCanada mand mItsmEconomicmSystem
3. Chinamaccountsmformthemmost msignificant mproportionmof mCanada'smexternalmtrade.
FALSE
Accessibility: mKeyboard mNavigationm Difficu
lty: mMedium
Learning mObjective: m02-
01 mThemabilitymto midentifymthemmajormcontributing mfactorsmthatmimpactmoverallmeconomicmdevelopment. m Topic: m02-
01 mCanada mand mItsmEconomicmSystem
2-1
mynursytest.store
,DOWNLOAD THE Test Bank for Business Strategy Development Application 3rd Ed
m m m m m m m m m m
ition Bissonette m
Chapterm02 m-mThemCanadian mEconomicmEnvironment
4. Wheat,mcanola,mand mothermagricultural-
based mproductsmcomprisemonemof mthemkeymproduct mclassesmdrivingmCanada'smcurrent mtrade
mperformance.
TRUE
Accessibility: mKeyboard mNavigationm Difficu
lty: mEasy
Learning mObjective: m02-
01 mThemabilitymto midentifymthemmajormcontributing mfactorsmthatmimpactmoverallmeconomicmdevelopment. m Topic: m02-
01 mCanada mand mItsmEconomicmSystem
5. TrademwithmthemUnited mStatesmcomprisesmjust moverm50%mof mCanada'smexternalmtrademvolume.
FALSE
Accessibility: mKeyboard mNavigationm Difficu
lty: mEasy
Learning mObjective: m02-
01 mThemabilitymto midentifymthemmajormcontributing mfactorsmthatmimpactmoverallmeconomicmdevelopment. m Topic: m02-
01 mCanada mand mItsmEconomicmSystem
6. TrademwithmthemUnited mStatesmcomprisesmjust moverm50%mof mCanada'smimport mvolume.
TRUE
Accessibility: mKeyboard mNavigationm Difficu
lty: mEasy
Learning mObjective: m02-
01 mThemabilitymto midentifymthemmajormcontributing mfactorsmthatmimpactmoverallmeconomicmdevelopment. m Topic: m02-
01 mCanada mand mItsmEconomicmSystem
7. Canada'smbankingmsystemmismgenerallymconsidered mtombemonemof mthemmost mefficient minmt
hemworld.
TRUE
Accessibility: mKeyboard mNavigatio
n m Difficulty: mEasy
Learning mObjective: m02-
01mThemabilitymto midentifymthemmajormcontributingmfactorsmthatmimpactmoverallmeconomicmdevelopment.m Learning mObjec
tive: m02-
02mExposuremtomthemcoremeconomicmmodelmthatmshapesmCanada'smeconomicmgrowth mand mdevelopment. m Topic:m02-
03 mContributing mFactorsmto mEconomicmDevelopment
2-2
mynursytest.store
, DOWNLOAD THE Test Bank for Business Strategy Development Application 3rd Ed
m m m m m m m m m m
ition Bissonette m
Chapterm02 m-mThemCanadian mEconomicmEnvironment
8. Foreignmcompaniesmand minvestorsmhavemhistoricallymviewed mCanadamasmamrelativelymris
kymplacemtomdombusiness.
FALSE
Accessibility: mKeyboard mNavigatio
n m Difficulty: mEasy
Learning mObjective: m02-
01mThemabilitymto midentifymthemmajormcontributingmfactorsmthatmimpactmoverallmeconomicmdevelopment.m Learning mObjec
tive:m02-
02mExposuremtomthemcoremeconomicmmodelmthatmshapesmCanada'smeconomicmgrowth mand mdevelopment. m Topic:m02-
03 mContributing mFactorsmto mEconomicmDevelopment
9. Themdebt-to-GDPmratiomismamkeymindicatormof mfiscalmstability.
TRUE
Accessibility: mKeyboard mNavigatio
n m Difficulty: mMedium
Learning mObjective: m02-
01mThemabilitymto midentifymthemmajormcontributingmfactorsmthatmimpactmoverallmeconomicmdevelopment.m Learning mObjec
tive:m02-
02mExposuremtomthemcoremeconomicmmodelmthatmshapesmCanada'smeconomicmgrowth mand mdevelopment. m Topic:m02-
03 mContributing mFactorsmto mEconomicmDevelopment
10. Undermthembasicmprinciplemof msupply,masmthempricemgoesmdown,mmanufacturersmand msuppli
ersmof mamproduct mtend mtomsupplymlessmof mthemproduct mtomthemmarket.
TRUE
Accessibility: mKeyboard mNavigatio
n m Difficulty: mEasy
Learning mObjective: m02-
01mThemabilitymto midentifymthemmajormcontributingmfactorsmthatmimpactmoverallmeconomicmdevelopment.m Learning mObjec
tive:m02-
02mExposuremtomthemcoremeconomicmmodelmthatmshapesmCanada'smeconomicmgrowth mand mdevelopment. m Topic:m02-
05 mLawmofmsupplymand mdemand
11. Demand mrefersmtomthemquantitymof mamgoodmthat mconsumersmaremwillingmand mablemtombuy
mat mdifferent mpricesmat mamspecificmtime.
TRUE
Accessibility: mKeyboard mNavigatio
n m Difficulty: mEasy
Learning mObjective: m02-
01mThemabilitymto midentifymthemmajormcontributingmfactorsmthatmimpactmoverallmeconomicmdevelopment.m Learning mObjec
tive:m02-
02mExposuremtomthemcoremeconomicmmodelmthatmshapesmCanada'smeconomicmgrowth mand mdevelopment. m Topic:m02-
05 mLawmofmsupplymand mdemand
2-3
mynursytest.store
m m m m m m m m m m
ition Bissonette m
Chapterm02 m-mThemCanadian mEconomicmEnvironment
Chapter 02 m
mThe Canadian Economic Environmen
m m m
t
Truem/mFalsemQuestions
1. Technologicalminnovationmismonemof mthemkeymfactorsmdeemed mcriticalmtomthemsuccessmof mt
hemCanadianmeconomy.
TRUE
Accessibility: mKeyboard mNavigationm Difficu
lty: mEasy
Learning mObjective: m02-
01 mThemabilitymto midentifymthemmajormcontributing mfactorsmthatmimpactmoverallmeconomicmdevelopment. m Topic: m02-
01 mCanada mand mItsmEconomicmSystem
2. Canadamismammembermof mthemG7/G8.
TRUE
Accessibility: mKeyboard mNavigationm Difficu
lty: mEasy
Learning mObjective: m02-
01 mThemabilitymto midentifymthemmajormcontributing mfactorsmthatmimpactmoverallmeconomicmdevelopment. m Topic: m02-
01 mCanada mand mItsmEconomicmSystem
3. Chinamaccountsmformthemmost msignificant mproportionmof mCanada'smexternalmtrade.
FALSE
Accessibility: mKeyboard mNavigationm Difficu
lty: mMedium
Learning mObjective: m02-
01 mThemabilitymto midentifymthemmajormcontributing mfactorsmthatmimpactmoverallmeconomicmdevelopment. m Topic: m02-
01 mCanada mand mItsmEconomicmSystem
2-1
mynursytest.store
,DOWNLOAD THE Test Bank for Business Strategy Development Application 3rd Ed
m m m m m m m m m m
ition Bissonette m
Chapterm02 m-mThemCanadian mEconomicmEnvironment
4. Wheat,mcanola,mand mothermagricultural-
based mproductsmcomprisemonemof mthemkeymproduct mclassesmdrivingmCanada'smcurrent mtrade
mperformance.
TRUE
Accessibility: mKeyboard mNavigationm Difficu
lty: mEasy
Learning mObjective: m02-
01 mThemabilitymto midentifymthemmajormcontributing mfactorsmthatmimpactmoverallmeconomicmdevelopment. m Topic: m02-
01 mCanada mand mItsmEconomicmSystem
5. TrademwithmthemUnited mStatesmcomprisesmjust moverm50%mof mCanada'smexternalmtrademvolume.
FALSE
Accessibility: mKeyboard mNavigationm Difficu
lty: mEasy
Learning mObjective: m02-
01 mThemabilitymto midentifymthemmajormcontributing mfactorsmthatmimpactmoverallmeconomicmdevelopment. m Topic: m02-
01 mCanada mand mItsmEconomicmSystem
6. TrademwithmthemUnited mStatesmcomprisesmjust moverm50%mof mCanada'smimport mvolume.
TRUE
Accessibility: mKeyboard mNavigationm Difficu
lty: mEasy
Learning mObjective: m02-
01 mThemabilitymto midentifymthemmajormcontributing mfactorsmthatmimpactmoverallmeconomicmdevelopment. m Topic: m02-
01 mCanada mand mItsmEconomicmSystem
7. Canada'smbankingmsystemmismgenerallymconsidered mtombemonemof mthemmost mefficient minmt
hemworld.
TRUE
Accessibility: mKeyboard mNavigatio
n m Difficulty: mEasy
Learning mObjective: m02-
01mThemabilitymto midentifymthemmajormcontributingmfactorsmthatmimpactmoverallmeconomicmdevelopment.m Learning mObjec
tive: m02-
02mExposuremtomthemcoremeconomicmmodelmthatmshapesmCanada'smeconomicmgrowth mand mdevelopment. m Topic:m02-
03 mContributing mFactorsmto mEconomicmDevelopment
2-2
mynursytest.store
, DOWNLOAD THE Test Bank for Business Strategy Development Application 3rd Ed
m m m m m m m m m m
ition Bissonette m
Chapterm02 m-mThemCanadian mEconomicmEnvironment
8. Foreignmcompaniesmand minvestorsmhavemhistoricallymviewed mCanadamasmamrelativelymris
kymplacemtomdombusiness.
FALSE
Accessibility: mKeyboard mNavigatio
n m Difficulty: mEasy
Learning mObjective: m02-
01mThemabilitymto midentifymthemmajormcontributingmfactorsmthatmimpactmoverallmeconomicmdevelopment.m Learning mObjec
tive:m02-
02mExposuremtomthemcoremeconomicmmodelmthatmshapesmCanada'smeconomicmgrowth mand mdevelopment. m Topic:m02-
03 mContributing mFactorsmto mEconomicmDevelopment
9. Themdebt-to-GDPmratiomismamkeymindicatormof mfiscalmstability.
TRUE
Accessibility: mKeyboard mNavigatio
n m Difficulty: mMedium
Learning mObjective: m02-
01mThemabilitymto midentifymthemmajormcontributingmfactorsmthatmimpactmoverallmeconomicmdevelopment.m Learning mObjec
tive:m02-
02mExposuremtomthemcoremeconomicmmodelmthatmshapesmCanada'smeconomicmgrowth mand mdevelopment. m Topic:m02-
03 mContributing mFactorsmto mEconomicmDevelopment
10. Undermthembasicmprinciplemof msupply,masmthempricemgoesmdown,mmanufacturersmand msuppli
ersmof mamproduct mtend mtomsupplymlessmof mthemproduct mtomthemmarket.
TRUE
Accessibility: mKeyboard mNavigatio
n m Difficulty: mEasy
Learning mObjective: m02-
01mThemabilitymto midentifymthemmajormcontributingmfactorsmthatmimpactmoverallmeconomicmdevelopment.m Learning mObjec
tive:m02-
02mExposuremtomthemcoremeconomicmmodelmthatmshapesmCanada'smeconomicmgrowth mand mdevelopment. m Topic:m02-
05 mLawmofmsupplymand mdemand
11. Demand mrefersmtomthemquantitymof mamgoodmthat mconsumersmaremwillingmand mablemtombuy
mat mdifferent mpricesmat mamspecificmtime.
TRUE
Accessibility: mKeyboard mNavigatio
n m Difficulty: mEasy
Learning mObjective: m02-
01mThemabilitymto midentifymthemmajormcontributingmfactorsmthatmimpactmoverallmeconomicmdevelopment.m Learning mObjec
tive:m02-
02mExposuremtomthemcoremeconomicmmodelmthatmshapesmCanada'smeconomicmgrowth mand mdevelopment. m Topic:m02-
05 mLawmofmsupplymand mdemand
2-3
mynursytest.store
