ARBUS101 Lecture Notes - Lecture 6: Financial Statement, Cash Flow Statement, Cash Flow
26 Oct 2015
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Example of how globalization affects you as a consumer. A strike by the vancouver port authority has virtually stopped shipping of goods into. The 2 key points are globalization" and consumer", both have to be directly impacted and out of vancouver by the statement. This contributes to a favourable balance of trade for canada with the us. A bad growing season in mid-western us has severally reduced their wheat crop. Definition of balance of trade, think about what canada sells to the us. Turkey is a long way from canada, and their culture is significantly different than ours. They have to convert the foreign currency they receive from the sale of their product into canadian dollars to pay their canadian employees. Tariffs on canadian barley sold to us customers. Construction companies are award contracts to do the work. This is an example of a federal government responsibility.
