Which of the Following Held the Lowest Percentage of Canadian

question 64

Multiple Choice

Which of the following held the lowest percentage of Canadian imports industry is the smallest, using Table 17.1 for principal exp in 2016?

• A)Machinery and equipment
• B)Energy products
• C)Electronic and electrical equipment
• D)Forestry products

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Definitions:

Collusion

A secret or illegal cooperation or conspiracy, especially between businesses to limit competition and raise prices.

Marginal Cost

The financial outlay involved in producing a supplementary unit of a good or service.

Crude Oil

A naturally occurring, unrefined petroleum product composed of hydrocarbon deposits and other organic materials, used as a primary energy source.

Industry Output

The total production of goods and services produced by a specific sector of the economy over a given period.