8:49
TRINITY ACADEMY CANADA
7. The peak element of the business cycle means the economy is the strongest with a
low unemployment rate.
A. True
B. False
8. A country does not allow certain cosmetic manufacturers' products to be imported
because they are heavily tested on animals.
A. Monopoly
B. Protectionism
C. Boycott
D. Recession
9.
"As the CEO of Avena, I am pleased to announce that Avena has reached an
agreement with Unistar National of China to launch Uni-vena a company
dedicated to selling next-generation power plants. Avena will lend its expertise in
constructing the plants while Unistar will contribute its expertise in managing the
facility. Avena is pleased to be working with Unistar and to be expanding the
Avena brand into one of the world's most exciting countries." What kind of
business is this?
A. Joint venture
THE TRINIYT
B. Strategic alliance
C. Wholly owned subsidiary
ACADEMY
D. Import
DECANADA
10. This group of Indigenous people created an extensive distribution and hunting
network across Canada.
A. Ojibwa
B. Cree
C. Metis
D. Mohawk
11. WTO's mandate was to provide a forum for mediating between two countries that
felt that they were experiencing problems with their trade.
A. True
B. False
12. Which of the following is not an important outcome of globalization?
A. Free Trade
B. Rationalization
C. No Competition
D. None of the above
13. Canada originally supplied this country with wheat and timber, and still exports
raw materials there today.
TAC
TRINITY ACADEMY CANADA
A. Mexico
B. England
C. Germany
D The United
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