Asked by Nakaila Lovett on Jun 17, 2024

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On a per capita basis Canada exports more than the United States or Japan due to the combination of a relatively small population and a large natural resource base. Which economic force is this an example of?

A) productivity improvement
B) economic cycles
C) innovation improvement
D) global trade
E) connectivity

Economic Force

Factors or agents that cause significant changes or impacts on the economy, influencing markets, employment, and production.

Global Trade

The exchange of goods and services across international borders, influenced by global economic policies and agreements.

Natural Resource Base

The stock of natural resources, like water, land, and minerals, that a country or region possesses, which can be used for economic gain.

  • Comprehend how economic forces influence organizational strategies and operations.
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Brittanny NamwisesJun 20, 2024
Final Answer :
D
Explanation :
This is an example of the economic force of global trade, as Canada's exports are driven by its access to international markets and the demand for its natural resources. The combination of a small population and vast resource base creates a comparative advantage for Canada in exporting these resources to other countries.