14, Which of the following is one of the valid arguments against Oil Sands development? ‘@)) Oil sands development means destruction of tracts of forest ) Oil sands development means lack of investment opportunities ¢) Oil sands development decreases the creat 4) Oil sands development means more spending on local businesses n of jobs Please use the following source to answer question 15, ‘The proposed [oil] sands development will tear a hole in Canada’s lungs — our vital boreal ecosystem... Itis essential that an integrated land management plan be in place that recognizes and protects the integrity of this critical ecosystem. 15, The author of the above quote probably thinks a) Oil sands development has its problems, but is overall a benefit to Alberta b) Oil sands development should be speeded up Oil sands development should have more restrictions on it 4) Oil sands development is the best thing that ever happened to northern Alberta source to answer question 16 InLatin America the link between trade and poverty is not well established. For some countries, trade liberalization has increased the income of skilled labour as compared with unskilled labour, contributing to higher income inequality. Its impact on total poverty, however, cannot be established on the basis of existing studies. te 16. The above author probably thinks: a) Trade only makes the rich richer b) Trade makes everyone wealthy @ Trade makes some people wealthy, but does not 2) Trade only benefits North Americ d) Trade only bencfits North / Page 6 of 1517. The following are all good examples of what is meant by the knowledge economy, except: a) An online retail store b) Cell phone engineering 4d) A computerized inventory system 18. Which of the following might be helpful for a government to do in a knowledge ‘economy? a) Create government websites to help businesses and entrepreneurs who want to pursue knowledge based economic activity ©) Pass laws to make operating in a knowledge economy more secure @) Develop education programs to nurture knowledge workers 19. Which of the following might be considered a renewable resource? a) Natural gas Softwood lumber ©) Iron ore d) Oil Page 7 of 15Use the following source to answer questions 20 and 21 Source: Michael Ramirer -- Pul WTO- Worid Trade Organization — w : Los Angeles Limes. promotes freer trade among countries 20. Irony is the use of words to express something different from and often opposite to their real meaning. The cartoonist uses irony by a) Displaying T-shirts that support capitalism © Showing that the shopkeeper earns profit from selling T-shirts that do not support capitalism ©) Piacing the “I'm with stupid” stupid 4) Creating T-shirt sayings that support global free trade shirt to support the idea that the storekeeper is, Page 8 of 1521. Who would most likely support the publication of this cartoon? Anti-globalization activists High school students ©) A capitalist Please use the following graph to answer question 22 22. What could you say is probably true from looking at the above graph? “3. The World Trade Organization has been doing a good job of regulating international trade “b), Poor countries are getting poorer Intemational trade is becoming a more important part of the world economy Yd Canadians are getting more and more goods from China Page 9 of 1523. Big companies like Nike, Reebok or Walmart often hire factories in foreign countries to make goods for them. Most of the work is done by low paid factory workers. What word describes what Nike, Reebok and Walmart are doing? @ Outsour: ) Out producing ¢) Contributing d) Mercantilism Please use the following source to answer question 24 The strengthened capacity of China’s manufacturing industry is a result of economic globalization. It is also a result of the development of transnational corporations. Globalization enabled production everywhere by taking advantage of the areas’ natural resources, technology, information, management, and labour and the selling of products. 24, The author of the above quote is most likely a) A poor South American farmer b) A North American auto worker ©) An environmentalist @ A business man who sells things around the world Please use the following quotes to answer question 25 I, Free trade is good for everyone. It increases prosperity and spreads freedom and O° democracy around the world. ulm s people poorer and ,0> | deprives them of power by putting the economy in the hands of transnational corporations. It should be stopped IIL, Free trade has been good for some people, It has increased wealth overall and has helped the poorest of the poor raise their standard of living, However, it has had its downside. It creates lots of change in society and disrupts traditional culture, It makes suute peupie sicies, but working class Canadians have io compete for jobs will poor people around the world IV. Free trade doesn’t do much at all. People just trade. It doesn’t help or hurt. Page 10 of 1SPlease use the following source to answer question 28 Indigenous people across South America are mobilizing to defend their culture and way of life from the most serious threat to the survival of the millennium: free trade. | radi peopl pi vulnerable ps face daily obstacles to economic opportunity. In the face of centuries of colonialism, oppression and poverty, Indigenous people are energetic defenders of their cultures. 28. The above writer would likely be most opposed to a) The Bretton Woods Agreement b) The UN @ NAFTA d) The IMF Page 12 of 1829. The cartoonist most likely thinks that: ay" Free trade is good because it creates economic growth Free trade hurts poor workers in the Third World Free trade spreads freedom around the world 2d North America Please use the following source to answer question 30 © Original Anist Reproduction rights obtainable from ‘worw CartoonStock coms " Accarding to our GPS we're 2300 nautical miles from the nearest knowledge econom) 30. What could you say from looking at the above cartoon? a) The knowledge economy is a bad thing for most people b) You can escape from the knowledge economy on the sea ®_ The knowledge economy has a lot to do with new technology 4) Knowledge is good Page 13 of 18