MGTA01H3 Chapter : MGTA03 Ch 5
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MGTA01H3 Full Course Notes
Verified Note
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Document Summary
Imports, products that are made or grown abroad and sold in canada. Exports, products made or grown in canada that are sold abroad. Trade btw nations can be traced back to 2000 bc (north african trade w/ me) The major world marketplaces: north america, europe, asia-pacific. Per capita income, the average income per person of a country. > high income countries: pci greater than 065; canada, us, europe, australia. > upper middle income countries: pci btw 255- 065; greece, poland, hungary. > low middle income: pci btw -; columbia, thailand, guatemala. > low income: pci less than ; low literacy rates, weak infrastructures, unstable gov t. The us is the single largest marketplace and canada plays a major role in the int l economy. > us and canada are each other s largest trading partner. > mexico has become a major manufacturing centre, especially for its export of automobiles and automobile parts.
