Class 3 9/26/2012 4:52:00 AM
The Halo effect
The staples trap:How we have evolved as a country.
Canada’s export: 75% to the US. Is this an issue? Yes because it is not good
to be too dependent on one country! If the US goes on crisis it will impact
our exchange currency etc.
Canada’s import: 51% on US
Should we be worried about this? Somestimes its not a true depiction of
FDI : see reading reserve A.
Canada’s competitive advantage: although Canada possesses abundant
natural resources and raw materials, it is insufficient for securing an
effective comparative advantage.
Made in Canada, Eh? Consumers rely more on PCI (product country
image) if their knowledge is low
Canada on a platter rising level of foreign ownership in Canada. More than
65% of foreign ownership and is predicted to rise. How is this bad? All the
money would outflow out from Canada..billions of dollars. Causing
unemployment, inflation, reducing skilled job opp, damaging the country’s
Fortress Canada in an Interdependent World that C