Foundations of International Business:
Terminology-
Transactions
Domestic business
International business
Domestic
Foreign
Foreign/international partner
Globalization
Foreign direct - what is it? How can Canada attract FDI?
Floating rate
Exchange rate & how to calculate it
Tariffs
Concepts:
How is international business good and bad for Canada?
Who are Canada's major trading partners? Can you identify them on a map
What are some barriers/obstacles of international business? (e.g., tariff and non-tariff barriers, restrictions on foreign , fluctuations in currency)
How have Canada's major international business relationships evolved over time?
What are some of the barriers of international trade? (give specific examples)
