📈 Chapter 9: Canada's Economy
Which of these does Canada export in large amounts every year?
Correct answer: Energy products
A Solar panels
B Tobacco products
C Rare earth metals
✓ Energy products
💡 Explanation
Canada exports large amounts of energy products every year, along with industrial goods, machinery, vehicles, farm, fish and forest products and consumer goods.
Key facts to remember
- Canada and the U.S. are each other's largest trading partner
- Over three-quarters of Canadian exports went to the U.S. (2012 figure)
- The biggest bilateral trading relationship in the world
- Canada-U.S. supply chains are integrated
- Canada exports billions of dollars of goods to the U.S. each year
- Exports include energy products, machinery and equipment
- Also automotive, agricultural, fishing and forestry products
- Industrial goods and consumer goods are traded too
Why this is the answer
From the official Discover Canada study guide — 9.3.1 The Canada-U.S. Trading Relationship:
Canada and the United States are close neighbours and close trading partners. Each country is the other's largest trading partner. In 2012, over three-quarters of everything Canada exported was headed for the United States. Together the two nations form the biggest two-way trading relationship found anywhere in the world. Businesses on both sides of the border work inside the same supply chains, and those joined-up supply chains compete against producers in the rest of the world.
Every year Canada sells billions of dollars of goods to the United States. Energy products form a major part of that trade. Industrial goods, machinery and equipment are also sold in large amounts. Automotive products move across the border constantly. Farm produce, fish and forestry products go south as well, and so do consumer goods. The list is wide, taking in energy, factories, farms, fisheries and forests alike. That range shows how deeply the two economies are tied together.
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This question is from: 9.3.1 The Canada-U.S. Trading Relationship
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