1.4 Advantages and Disadvantages of International business .docx

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1.4 Advantages and Disadvantages ofInternational businessMonday, February 25, 20192:21 PMADVANTAGES OF INT TRADE :1.Meeting our needs– allows us to purchase goods we cannot grow/manufacture- allows us sell goods and services we grow .2. Job creation- 1 in 3 Canadian jobs depend on exports.3.Attracting Investments- Oshawa and GM plant (thousands of people were hired)4. New technologies and Materials:-research and development5.Diversity in Products:-The diversity in the products you need for example there is a hugenumber of cereals different types each is made in a different place theyare not produced in your country but you have options to pick one ofthem.DISADVANTAGES :1.Support of non-Democratic- This is when you have a problem with another country where thepeople don’t have the rightto say where the money goes. Therefore,the money you spent is controlled by a non-democratic country. Systemswhich leads to problems between countries and even to war
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Term
Fall
Professor
Rania Taher
Tags
International Trade, New technologies and Materials

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