🏷️ LIMITED TIME OFFER: GET 20% OFF GRADE+ YEARLY SUBSCRIPTION →
Log in
HomeClass Notes1,200,000CA670,000

ADMS 1010 Lecture 2: Week 2

24 views5 pages
School
York University
Department
Administrative Studies
Course
ADMS 1010
Professor
Yong Troy

For unlimited access to Class Notes, a Class+ subscription is required.

Document Summary

France was the first european nation to colonize canada. France ceded its canadian possessions to great britain after the seven years war (1763). The english left much of the religious, political and social culture of the early inhabitants in place. Many more english arrive after the american revolution in the form of united. Canadian identity begins to emerge after the war of 1812, mainly due to mistrust towards our american neighbours. Canada becomes a nation unto itself with the british north america act, 1867. The ultimate aim was to found a transcontinental nation in the form of a constitutional monarchy under the british crown. A strong central government was desired and is legislative union was impossible because of the peculiarities of quebec and its desire to retain these, then a strong and highly centralized federal union would be the answer.

Get access

Grade+20% off
$8 USD/m$10 USD/m
Billed $96 USD annually
Grade+
Homework Help
Study Guides
Textbook Solutions
Class Notes
Textbook Notes
Booster Class
40 Verified Answers
Class+
$8 USD/m
Billed $96 USD annually
Class+
Homework Help
Study Guides
Textbook Solutions
Class Notes
Textbook Notes
Booster Class
30 Verified Answers

Related Documents

ADMS 1010 Lecture Notes - Lecture 3: Constitution Act, 1867, Constitution Act, 1982, Canadian Federalism
pinkbeaver269
ADMS 1010 Lecture Notes - Lecture 5: United Empire Loyalist, Equalization Payments, Transfer Payment
salmonwildebeest146
ADMS 1010 Lecture Notes - Redistribution Of Income And Wealth, Barter, Mercantilism
ceruleanllama766

Related Questions

How did the British colonists evolve from good citizens torevolutionaries who could compose and back something as special asthe Declaration of Independence? What were the causes of theAmerican Revolution?

What were the main problems with the Articles of Confederationthat led to the Constitutional Convention of 1787? How did thenational government under the Constitution differ from the Articlesof Confederation?

How did the federal government use land grants in the West in the 1860s?

a. The government gave land to the railroads to spur the development of a transcontinental railroad.
b. The government used land grants to relocate American Indians onto reservations.
c. The government slowed settlement of the West by withholding land grants until the Civil War was over.
d. The government offered land grants to free African Americans after the end of the Civil War.

QUESTION 1

If a real asset located in Brazil is sold to someone in the US, the transaction would result in a credit in Brazil's balance of payments.

True

False

6.25 points

QUESTION 2

The balance of payments for a given nation records

only imports and exports of good and servies

only foreign direct investment and portfolio investments between nations

both imports and exporst of good and servieces as well as forein direct investment and portolio investments between nations
QUESTION 36.25 points

Transactions between Canada and the rest of the world are shown below. Use the following information to answer the next four questions.

Canadian citizens receive C$5 million worth of dividends from foreign investments.

Imperial Oil (Canadian firm) invests C$60 million in overseas oil discovery.

Foreign tourists spend C$45 million in Canada.

Canadian government sells C$20 million worth of treasury securities to foreign nations.

Alcan (Canadian firm) sells C$8 million worth of aluminum to US companies.

Canadian government buys C$32 million worth of gold.

Canadian firm buys C$12 million worth of computer components from Sony.

Canada sends C$4 million in aid to Mexico.

Ford spends C$30 million in constructing an assembly plant in Canada.

Find Canada's balance of trade. Enter your final answer in terms of millions of dollars. Do not enter a non-numerical value when inputting your answer.

6.25 points

QUESTION 4

Find the capital account balance (in millions of C$).

-39

19

70

6.25 points

QUESTION 5

Find Canada's current account balance. Enter your final answer in terms of millions of dollars. Do not enter a non-numerical value when inputting your answer.

6.25 points

QUESTION 6

Canada's capital account balance suggests that it is a net supplier of capital to the rest of the world.

True

False

6.25 points

QUESTION 7

Suppose a nation has a current account surplus. This surplus implies

ation

ation

none of the above

6.25 points

QUESTION 8

Suppose that the value of the dollar moves from £=$1.5 to £=$1.75. What effect would this have on the UK's balance of trade, all else being equal?

UK

UK

UK

6.25 points

QUESTION 9

There is an inverse relationship between the demand for US exports and the US inflation rate.

True

False

6.25 points

QUESTION 10

Transactions between Great Britian and the rest of the world are shown below. Use the following information to answer the next two questions.

British companies sell 50 million pounds worth of bonds to foreigners.

British government sells 20 million pounds of treasury securities to foreigners.

British citizens receive 2 million pounds in interest from foreign investments.

British companies buy 85 million pounds worth of American produced steel.

GlaxoSmithKline (British firm) sells 40 million pounds of pharmaceutical drugs abroad.

British government buys 15 million pounds of gold in FX market.

British bankers invest 12 million pounds in foreign banks.

Find Great Britian's balance of trade. Enter your answer in terms of millions of pounds. Do not use the pound sign or any other non-numerical value when inputting your answer.

and

Transactions between Great Britian and the rest of the world are shown below. Use the following information to answer the next two questions.

British companies sell 50 million pounds worth of bonds to foreigners.

British government sells 20 million pounds of treasury securities to foreigners.

British citizens receive 2 million pounds in interest from foreign investments.

British companies buy 85 million pounds worth of American produced steel.

GlaxoSmithKline (British firm) sells 40 million pounds of pharmaceutical drugs abroad.

British government buys 15 million pounds of gold in FX market.

British bankers invest 12 million pounds in foreign banks.

Find Great Britian's balance of trade. Enter your answer in terms of millions of pounds. Do not use the pound sign or any other non-numerical value when inputting your answer.