Globalization
Which continent produces the most manufactured goods?
Asia
This is Alberta's largest indsutry
Oil and Gas
CUSMA was introduced by this person
Donald Trump
This is the goal of Free Trade Agreements
Reduce Tariffs and promote growth
The term for the increasing interconnection of economies around the world?
Economic Globalization
Which continent is the most economically integrated? (Hint: Think about which continent has the most countries connected by trade)
Europe
What was one key goal of the NEP?
To reduce foreign ownership of Canadian oil and increase Canadian energy independence
CUSMA did what to the percentage of auto parts produced in North America?
Increased
Economic Interdependence refers to
Countries rely on each other for goods, services, and markets
Means relying on other countries for goods and services?
Interdependence
From which regions do most immigrants to Canada come?
Asia and the Middle East
How did Alberta react to the NEP?
It strongly opposed it, seeing it as federal overreach
Mexico had to do this under CUSMA
Increase pay and environmental protection
Globalization has improved well-being in this way
1. Access to medicine
2. Access to jobs
3. Communication
When two countries make a trade agreement directly with each other?
Bilateralism
What is one environmental criticism of shipbreaking?
Creates toxic waste
The National Energy Program (NEP) was created by this Prime Minister
Pierre Trudeau
In the US, CUSMA is called this
USMCA (U.S.-Mexico-Canada agreement)
One way globalization has worsened inequality
Profits go to wealthy nations or elites, leaving others behind
Selling government-owned services or industries to private companies?
Privatization
This agreement laid the groundwork for Globalization and was signed in 1944.
Bretton Woods Agreement
The NEP was repealed by this Canadian Prime Minister
Brian Mulroney
NAFTA needed to be replaced because this technology did not exist at the time
The internet
Why are global environmental laws difficult to create?
Countries have different priorities, levels of development, and resources
Careful, responsible management of the environment and natural resources?
Stewardship