Chapter 4.docx - Chapter 4 Profiling Countries Sunday 6:18 PM Important part of global environment is the 195 countries that make up the world each

Chapter 4.docx - Chapter 4 Profiling Countries Sunday 6:18...

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Chapter 4: Profiling Countries Sunday, September 15, 2019 6:18 PM Important part of global environment is the 195 countries that make up the world, each brining in their own unique culture, governments, and other things Important part in international business is profiling these countries as potential markets or sourcing destinations Comparative Advantage: Comparative advantage: unique strengths that a country possesses in global competition that can either be naturally endowed or can be achieved through investment and government policies o Canada has comparative advantage in the mining industry (due to the natural landscape of Canada), but they also have the advantage in education system, democratic government,
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