ADMS 1010 Chapter Notes -Keystone Pipeline, Bank Regulation, Money Supply
17 Mar 2013
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Document Summary
Alberta shipping oil in trains to the us b/c there are not enough pipes to transport it. Whole mix of businesses, different industries are predominant. China: manufacturing, mining, india: it, software and online services. Economic and political system: taxation, all these determine how business is done, Different currency: exchange at different rates, measures of how healthy economies are. Different workers: e. g. lots of engineers in germany, lots of textile workers in bangladesh, countries can invest money to change the balance of what type of workers they have (china invested lots of moneyin engineers) Raw materials: cad has lots of them: oil, minerals, lumber, fur and fish. Trade relationships: some trade locally, some globally. Low level of risks: cdns buy more insurance than most other countries. We will learn how cdn business shaped cad. A business org"n, an association or collection of individuals and other compnies, provide some form of capital, pool resources.
