What are the main exports of Canada? Explain three different ways in which Canada can diversify...
What are the main exports of Canada? Explain three different
ways in which Canada can diversify its exports.
Homework Answers
The main exports of Canada include 1) Crude Oil 2) Automobiles 3) Gold
Canada has been diversifying it's exports
1) by investing more in research and development so that they get to progress in various sectors as a result of which wide range of exports are possible
2) By signing various trade agreements with that of the countries so that it can gain a competitive advantage over some goods on the whole.
3) maintaining various diplomatic relationships with many nations so that they can diversify their presence across the globe rather than reliant on few countries.
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