Aspects of International Business
Read section 2.1 in your textbook (pages 42 to 49) and answer the
following questions.
1. What are the four steps a Canadian company must take when they want to import
a product?
2. What are the five steps a Canadian company must take when they want to export
a product?
3. List a few of the challenges an exporter must overcome.
4. What percentage of Ontario exports go to the United States?
5. What are trade missions
6. Why are trade missions useful?
7. What is a trade show?
8. List the goods and services sold in the international marketplace by Cirque de
Soleil.
9. What is the difference between public-sector investments and private-sector
investments?
10. What are the two categories of foreign investments? Explain each one.
11. In your opinion, is the export of goods or of services more likely to benefit the
Canadian economy?