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1、Canada:EconomyOverviewGeneralsituationHistoryTradeMarket-orientedeconomicsystempatternOverviewTheeconomyofCanadaisquiteadvancedandmostofthepeopleenjoyhighstandardofliving.Infact,Canadahasanabundanceofnaturalresources,suchasforests,minerals,fish,andhydroelectricpower,allofwhichhashelpedCanad
2、afocustheireconomicdevelopmentontheexportofrawmaterialsandaround33.6percentofitsGDPisdedicatedtoexports.Thishasinturnledtotheconservationoftheresources,whichisatoppriorityofthenation.BackGeneralsituationGDP(2003):$869.2billion.RealGDPgrowthrate(2003):5.3%.NominalpercapitaGDP(2003):$27,682.N
3、aturalresources:Petroleumandnaturalgas,hydroelectricpower,metalsandminerals,fish,forests,wildlife,abundantfreshwater.Agriculture:Products--wheat,livestockandmeat,feedgrains,oilseeds,dairyproducts,tobacco,fruits,vegetables.Industry:Types--motorvehiclesandparts,machineryandequipment,aircrafta
4、ndcomponents,otherdiversifiedmanufacturing,fishandforestproducts,processedandunprocessedminerals.BackHistorySincetherecessionoftheearly1990s,TheCanadianeconomyhasgrownmorerapidlythantheotherdevelopedcountries.Thesuccesscanbeattributedtoseveralfactors,includinglowinflation,lowinterestrates,a
5、ndalowCanadiandollar(withrespecttoothermajorcurrencies),allofwhichhelpedexportstogrow.Duringtheyearfrom1986to1995,theCanadianeconomygrew20.4percentandreachedaGDPofC$776.3billion.In1999itwasC$976.7billion.Themining,communications,utilities,trade,andfinancialservicessectorsgrewthemostinoutput
6、,whileemploymentgrowthwasgreatestinnongovernmentalservices.Atthesametime,theresultofthesaleofseverallargegovernment-ownedcorporationsaswellasreducedprogramspending.BackTrade:Merchandiseexports(2003)--$313.8billion:motorvehiclesandspareparts,lumber,woodpulpandnewsprint,crudeandfabricatedmeta
7、ls,naturalgas,crudepetroleum,wheat.In2003,83%ofCanadianexportswenttotheUnitedStates.Merchandiseimports(2003)--$289.7billion:motorvehiclesandparts,industrialmachinery,crudepetroleum,chemicals,agriculturalmachinery.In2003,70%ofCanadianimportscamefromtheUni
