COMMERCE 1B03 Chapter Notes - Chapter 3: Foreign Direct Investment, Contract Manufacturer, Multinational Corporation
25 Feb 2015
School
Department
Course
Professor
Document Summary
The dynamic global market: exporting: selling products to another country. Why trade with other nations: global trade allows all countries to have what they need and want, free trade is the movement of goods and services among nations without political or economic barriers. In practice, this theory doesn"t work so well. [type text: balance of payments: the difference between money coming into a country (from exports) and money leaving the country (for imports) plus money flows from other factors such as tourism, foreign aid, military expenditures, and foreign investment. Trading in global markets: the canadian experience: we are very dependent on the united states. Canada"s priority markets: steps to encourage a stronger canadian presence in the global marketplace include tax cuts, increased support for research and development, and critical investments in infrastructure at. Least amount of commitment, control, risk and profit potential.
