Which Native American Nation Was Located in the Most Northern

question 29

Multiple Choice

 Which Native American nation was located in the most northern part of Canada - far from the main areas of European and British control?

• A)Cree.
• B)Ojibwa.
• C)Squamish.
• D)Metis.
• E)Inuit.

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Definitions:

Cartels

Groups of independent market participants who collude to control prices and production in an industry, often illegally.

Price Leadership

A market strategy where one leading company sets the price of goods or services, and other companies in the sector follow suit.

Covert Collusion

An implicit, non-public agreement between firms to fix prices, limit production, or divide markets, without explicit communication.

Allocative Efficiency

A state of the economy where resources are allocated in a way that maximizes the overall benefit to society.