Question

What is a benefit of importing for Canada? Canada imports trillions of dollars of goods per year What is a benefit of importing for a. less choice for consumers shift of production resources to higher-value activities c. higher prices d. increased incomes and jobs in the exporting country 29. As a salesperson for his compan on for his company, Anthony first follows all laws and regulations. But beyond that, he refrains from knowingly deceiving or misrepresenting others. This is an example of w example of which of the three primary components of business ethics? a competing fairly and honestly b. avoiding conflicts of interest c. being transparent d. free flow of information 30. Increased competition from firms in other national an example of which factor in the business environment? a global b. economic c. environmental d. technology 31. Canada does not sell military fighter iets such as F-16s to Iran in order to keep our military technology out of their hands. The rationale for this restriction is most likely for which of the following reasons? a to retaliate for Iran's trade restrictions b. to protect domestic jobs c. to protect domestic manufacturers d to protect national security 32. The manager of a successful local restaurant believes his responsibilities are to provide delicious meals and excellent service, provide jobs, comply with laws and the Canada Revenue Agency, and eam a respectable profit on the restaurant. These are the manager's only concems. Which concept does this indicate? the economic model of social responsibility b. the socioeconomic model of social responsibility C. sustainability d. consumer protectionism 33. If the developing African country of Ethiopia were struggling to provide clean water to its citizens in rural areas, it would most likely seek assistance from which of the following? a. International Monetary Fund b. World Trade Organization The World Bank d. United Nations 34. Suppose Canada would like to decrease the amount of lumber brought into the country from oth countries. What trade policy should Canada enact to accomplish this goal? a decrease quota on lumber exports b. increase quota on lumber imports increase tariffs on lumber imports d. decrease tariffs on lumber imports

Answer 1

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28	Option B
29	Option A
30	Option A
31	Option D
32	Option A
33	Option C
34	Option C