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a. What are the four major economic flows that link Canada with other nations? goods and...

a. What are the four major economic flows that link Canada with other nations?

  • goods and services flows (trade), capital equipment and labour flows (resource), information and technology flows, and financial flows (money).

  • food product flows (trade), labour flows (resource), manufacturing and technology flows, and capital flows (money).

  • goods and services flows (trade), labour flows (resource), information and technology flows, and capital flows (money).

  • goods flows (trade), labour and services flows (resource), capital equipment and technology flows, and information flows (money).



b. The flows of:

  • trade and money are related because financial flows provide the money necessary to pay for exports and imports or trade.

  • trade and money are related because capital flows provide the money necessary to pay for exports and imports or trade.

  • resources and information are related because information provides the resources necessary for countries to be willing to trade.

  • trade and information are related because trade flows require information to enhance exports and imports.

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Answer #1

a. What are the four major economic flows that link Canada with other nations?

  • goods and services flows (trade), capital equipment and labor flows (resource), information and technology flows, and financial flows (money)

Trade occurs between nations where goods and services are traded with one another,capital and labor are used to produce these goods and services so they are the resources used,information and technology helps to provide information about the product,it features,prices,and the production technology being used to produce goods,the financial flows is the money being exchanged to buy goods and services as given by the exchange rate between the nations.

b. The flows of:

  • trade and money are related because financial flows provide the money necessary to pay for exports and imports or trade.

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