UNIT 1 REVISION
In order to protect their own economies governments may choose to add these to the prices of goods imported into the country.
What are tariffs?
Despite leading 6 different companies to bankruptcy, this former US president was worth more than $2 billion when he left office – more than 60 times wealthier than his predecessor.
Who is Donald Trump?
A quick “Backrub” search would tell us that it, not this search engine is visited 5.6 billion times every day.
What is Google?
Taste the rainbow.
What is Skittles?
DIS - the happiest stock on Earth
What is Disney?
70% of Canada’s GDP comes from this sector including education, retail and transportation.
What is tertiary?
This company peaked in 2004 with 9,000 locations and a valuation of over $5billion. Today, only one location remains in Bend, Oregon still renting movies and video games to locals.
What is Blockbuster?
This Waterloo based company would still be known as “Research in Motion” rather than by the name of its flagship product which the company was officially renamed after in 2013.
What is Blackberry?
The champagne of ginger ales.
What is Canada Dry?
CTC - One of Canada's largest retailers and the parent company of Sport Chek.
What is Canadian Tire?
This institution, not our government controls the interest rate used to lend to banks. Oh, and they technically own all of the currency we use.
What is the Bank of Canada?
Despite declaring bankruptcy and closing all of its US locations in 2018, this toy retailer’s Canadian division continues operating, and new US owners plan on reopening stores south of the border later this year.
What is Toys R Us?
This social media app, made famous for its short lived photo and video posts, would still be known as “Evan Spiegel and Bobby Murphy’s Picaboo.”
What is Snapchat?
Give like Santa, save like Scrooge?
What is Canadian Tire?
RY - Canada's largest bank, and largest publicly traded company.
What is RBC?
Investors regularly buy and sell currencies similar to stocks and bonds, a practice known as this.
What is Currency Speculating?
This U.S. car manufacturer who also produces in Canada, filed for bankruptcy in 2009. A $68.2 billion cash injection from the U.S. government kept their factories open, including those producing Cadilac and Chevy vehicles in Ontario.
What is GM?
This fast food chain wouldn’t have had to quell the rumours that they didn’t use real chicken. The actual reason for shortening the name to just its initials – to downplay its fried offerings to sound more healthy.
What is KFC?
There are some things money can’t buy. For everything else, there’s…
What is Mastercard?
MMM - don't think, just count.
What is 3M?
Non-Canadians can invest in Canadian companies through foreign direct investment, or this method which involves owning a selection of stocks and bonds amongst other things.
What is portfolio investment?
This 158 year old bank was the largest to fail in the financial crisis in 2008, with assets of over $690 billion becoming worthless in just a few months.
What is Lehman Brothers?
“Price Club” would still be selling only to small business owners, instead of this rebranded company selling to whoever purchases an annual membership.
What is Costco?
Zoom, zoom.
What is Mazda?
WMT - when you need, well pretty much anything.
What is Wal-Mart?