MGTA01H3 Chapter 5-10: MGTA03 Chapter 5-10 Notes

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20 Apr 2011
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MGTA01H3 Full Course Notes
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MGTA01H3 Full Course Notes
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Imports products that are made or grown abroad and sold in canada. Exports - products made or grown in canada that are sold aboard. Trade between nations can actually be traced back as far as 200bce. International trade is becoming increasingly central to the fortunes of most nations of the world, as well as their largest business. Today international trade is encouraged and more freely opening their borders to foreign business, offering incentives for their own domestic businesses to expand internationally, and making it easier for foreign firms to partner with local firms through various alliances. The contemporary world economy revolves around three major marketplaces: north america, Three geographic regions are home to most of the world"s largest economies, biggest multi-national corporation, most influential financial markets and highest income consumers. The world bank, an agency of the united nations uses per capita income.

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