MGTA01H3 Lecture : Lecture Note for MGTA03, Lecture 5

• School: UTSC
• Department: Management (MGT)
• Course: MGTA01H3
• Professor: Ingrid L.Stefanovic

Document Summary

Competitive advantage j which products to import, export. International business: buying from or selling to customers outside of canada. N business activities that involve trade across national borders. N we are open to the idea of international trade: we like the idea of buying things from italy, mexico, bangladesh, we like to sell our stuff to the brazilians, british and usa. N we are open to free flow of goods/services across borders: our airports are open, we like the idea of italian pasta, and french wine and german sports car coming into this country. N exchange of goods and services/purchasing of things people want that crosses international borders. N because: we believe it raises living standards: folks who live in other countries: they make things cheaply and well that we do not make as efficiently, so it is our belief l z. Zk yy who make it the best makes us all richer.