BU111 Lecture Notes - Environment And Climate Change Canada
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BU111 Full Course Notes
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Taxes hot topic during election, people always want to hear that they are not going up: businesses loose profit when taxes are higher, taxes can be a disincentive for businesses. Trade agreements or conditions north american fair trade agreement, world trade. Organization: who wins/who loses from trade agreements -> social impacts people are paid less when foreign countries import goods. Political stability ties directly to economic stability. Investors move their money to other places because they don"t want to risk losing their money. *government can create incentives, constraints or support/bail out when needed. *affects uncertainty risk and constraints/costs faced by firm. Regulate business activity: regulates business activity crtc (e. g. you have to have a certain amount of canadian artists played on the radio, over a certain period of time, purpose: Promotes competition competition act stop one or 2 big companies from taking over the market e. g. price cuts.
