gbhs-chapter 20-trade conections
Quiz yourself by thinking what should be in
each of the black spaces below before clicking
on it to display the answer.
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| what is chapter 20 about? | it is about trade conections
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| what are linkages? | linkages occur whenever places are conected by the movement of people, goods, or information.
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| what is global economy? | th elinks between Canada and the rest of the world.
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| what is imported fuel? | fuel that comes into Canada from another country
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| what is exported fuel? | fuel from Canada sent to another country from Canada
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| goods from another country are called | imports.
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| goods we send to another country are called? | exports.
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| what is Canada's leading agricultural export? | Canadas leading agricutural export is wheat.
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| what is the economy of scale? | the economy of scale is the lowest cost per unit that results in mass production of a product.
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| what is tariff? | a duty or tax placed on goods.
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| what is quotas? | a limit placed on the number or value of product being imported into a country.
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| what is free trade? | free trade is a reduction or elimation of triffs and quotas on exports and imports.
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| what are trading blocs? | are a group of countries that share lower tariffs and specials trading privilages.
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Created by:
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