Textbook Notes (368,425)
Canada (161,877)
MGTA01H3 (583)
Chapter 5

Management Chapter 5 Notes.docx

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Department
Management (MGT)
Course
MGTA01H3
Professor
Chris Bovaird
Semester
Fall

Description
Management Chapter 5 Notes Globalization – The integration of markets globally Imports – Products that are made or grown abroad and sold in Canada Exports – Products made or grown in Canada that are sold abroad. The Contemporary Global Economy: Trading between nations can be traced back to 2000BCE, when North African tribe took dates and clothing to Assyria and Babylonia in the Middle East and traded them for olive oil and spices. Christopher Columbus’s discovery voyages were motivated by trade. Global trade is regarded as being extremely active now, but it is about just as active as
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