1. There is High Technology Products which are things such as televisions, and other kinds of electronics from foreign countries. Motor vehicle parts come from foreign countries. Goods which are produced in warmer climates such as coffee beans and fruits such as oranges. These are items which can only be produced in a warmer climate. Low cost goods such as items which are manufactured with low cost labour (ex. China and Cambodia).

2. The process of replacing foreign produced goods with Canadian ones to support Canadian business ( ex. Buying locally made food, clothes or electornics).

3.
The product based on our natural resources ( ex. Oil, lumber and minerals)
Motor vehicles (ex. Cars or motor sport vehicles)
Specialized manufactured goods (things that can only be made in foreign countries)

4. Refers to the sale of an intangible product, like housemaid service, management consulting services or cell phone services.

5.
Tariff - Tax charged on goods imported into a country to protect local industries from foreign competition.

Protectionism - A national policy of trying to protect certain industries by having high tariffs. It is the opposite of free trade.

Free trade - Trade without tariff barriers.

NAFTA - North America Free Trade Agreement (Canada, Mexico, USA)

6.
For Against
A- YES
B- YES
C- YES
D- YES

Student A would be against tariffs because the cheapest clothing is always made in foreign countries where labor is cheaper.

7.
4)
a) Total includes taxes and tariffs while net is just the basic cost of the product.
b) Net is less.
c) Figure 34-3 because it shows Canada’s major exports and some big imports.

7)
a) I think that those farmers need to do whatever is needed to be able to sell tobacco. If selling it to foreign countries helps then let them do it.

b) I think they should be linked because there is a lot of slavery going on to force people to make products so that they can be exported.