“Whether you think you can or think you can’t, you are right.” Henry Ford.
Canada’s Trading Partner Grade 6 Social Studies. Re-cap - When you think of Canada’s geography,...
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Transcript of Canada’s Trading Partner Grade 6 Social Studies. Re-cap - When you think of Canada’s geography,...
Canada’s Trading PartnerGrade 6 Social Studies
Re-cap
- When you think of Canada’s geography, what are some things you think of?
- When you think of Canada’s economy, what are some things you think of?
In your groups, come up with a list of countries you think Canada trades with.
Trade...
Trade is the exchange of goods and services between two or more counties.
Canada’s #1 Trading Partner
- Just like a good neighbour will often help you out when you need something, countries help each other by trading goods and services that other countries need.
- Canada and the United States are not just neighbours but trading partners as well.
The United States is directly south of Canada and trades more than $550 billion goods and services each year.
Exports
- Exports are goods and services that a country sends to another country
- Can you think of any of our exports?*Hint: Think of our natural resources
Canada’s Top Exports to the US
- Energy (electricity) - Lumber- Oil- Livestock (i.e. beef) and grains- Cars and car parts- Lobster and other fish
Minds On...
- In your groups, look at the things you have in class (tech, pencil case, binder, sweater etc.)
- Make one list and write down how many of those items were made in Canada.
Imports
- Those items that were not made in Canada were imported to Canada from other countries
- Imports are goods and services that a country receives from another country
What do you think are some items we import from the US?
US Imports
- Electronics- Machinery- Clothing, footware, electricity- Cars- Fruits and vegetables
https://www.youtube.com/watch?v=FtoOs2oz1sk
To sum it up...
https://download.elearningontario.ca/repository/12/1299600000/9019%20Trading%20Neighbours.html