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How does international trade contribute to economic growth and job creation? Consider the impact of imports, exports, and foreign investments on Canadian businesses.

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If you were to start an international business, would you prefer to expand through franchising, licensing agreements, or joint ventures? Explain the risks and benefits of your chosen approach.

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Free trade agreements aim to boost international trade, while protectionist policies seek to safeguard domestic industries. Which approach do you believe is more beneficial for Canada’s economy? Explain your reasoning.

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Global Sourcing and Ethical Responsibility

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Global Sourcing and Ethical Responsibility

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Many businesses rely on global sourcing to reduce costs, but this can raise ethical concerns about labor conditions and environmental sustainability. Should companies prioritize ethical sourcing over profitability? Why or why not?

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Global Sourcing and Ethical Responsibility

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Currency Exchange and Trade Competitiveness

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Currency Exchange and Trade Competitiveness

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The value of a country’s currency fluctuates based on economic and political conditions. Who benefits and who loses when the Canadian dollar strengthens or weakens? How do currency exchange rates influence Canadian businesses involved in international trade?

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Currency Exchange and Trade Competitiveness:

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Trade Barriers and Business Challenges:

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Trade Barriers and Business Challenges:

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Governments impose tariffs, quotas, and sanctions for various reasons. Can you identify a recent trade dispute or restriction that affected a specific industry or country? What were the economic consequences for businesses and consumers?

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Select a well-known company that operates internationally. What type of international business model does it use? How has this approach influenced its success in global markets?