Question 817

The guide states that 'commerce remains the engine of economic growth'. What does this imply is essential for Canada's prosperity?

  1. ATrading with other nations
  2. BHigh domestic consumption
  3. CStrict government regulation
  4. DRelying on a single industry
Show the answer and explanation

Correct answer: A) Trading with other nations

Explanation

By identifying commerce as the 'engine of economic growth' and stating that Canada could not maintain its standard of living without it, the guide emphasizes that engaging in trade with other nations is essential.

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