Unit 1 - Activity 5 - Advantages and Disadvantages of International Trade Reading.pdf

This preview shows page 1 - 6 out of 6 pages.

Advantages and Disadvantages ofInternational TradeUnit 1Business Trade and the Economy
Advantages of TradeMeeting our NeedsThere are certain products which we cannotproduceJob Creation1 out of every 3 Canadian jobs depends onexports$1 bbl in exports means 6,000 jobs
Advantages of TradeAttracting Investmentif there is demand for a product that Canada canproduce, then companies will investNew Technology and Materialscompetition promotes competitivenessDiverse Products and ServicesForeign trade opens up new products andservices to the Canadian market
Disadvantages of TradeEconomic exploitation:
End of preview. Want to read all 6 pages?

Upload your study docs or become a

Course Hero member to access this document

Term
Fall
Professor
NoProfessor

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture