Exploring Canada's Economic Ties with Multinational Corporations
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Questions and Answers

Why are multinational corporations attracted to lower labor costs and relaxed environmental standards?

  • To create more jobs
  • To provide education and training to the workforce
  • To boost the Canadian economy (correct)
  • To reduce welfare payments

    • What are the potential benefits that Canada could gain from multinational corporations?

  • Increased employment (correct)
  • Lower labor costs
  • Education and training for the workforce
  • Research and product development

    • What is one reason mentioned in the text for changing the laws to allow lower labor costs and relaxed environmental standards?

  • To increase hourly wages for labor
  • To reduce welfare payments (correct)
  • To improve environmental standards
  • To attract more multinational corporations

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