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International Business help?

1.List the five main ways for companies to participate in international business. 2.When is a country considered to be a trading partner with Canada? 3.Who were Canada’s first trading partners? 4.When did trade with Asia become important? 5.Why do countries impose duties on imported products? 6.What are the three emerging markets that Canadian businesses should know about? 7.How do secondary industries add value to a product? 8.What are four ways that international business helps Canadians? 9.What are two ways that international business hurts Canadians? 10.Why is U.S. culture so dominant in Canada? Provide two reasons. 11.What is the difference between foreign direct investment and portfolio investment? 12.Describe briefly the changes that have taken place within the past few decades that have increased the pace of globalization dramatically. 13.Give one reason why businesses in Canada trade with the following countries. Try to give a different reason for each country. JapanChina United StatesMexico Great Britain 14.State 3 of Canada’s top importing countries. 15.State 3 of Canada’s top exporting countries. 16.Define licensing agreement. Give an example. 17.Name four Canadian owned franchises. 18.What is a trade embargo? Give an example. 19.Define protectionism. 20.Who are the winners and the losers of a high Canadian dollar? 21.What factors influence the exchange rate? 22.Why are time zones considered a barrier to international business? 23.Why do countries import and export products? 24.What are the advantages and disadvantages of a franchise? 25.Why would a company set up a foreign subsidiary? 26.Why does the Canadian government limit the amount of goods we can bring into the country when returning from a trip outside Canada? can you guys help me with some of these questions so i could check if i did it right? thnx

Public Comments

1. 14. Mexico, China, France 15. United States, Japan, India
2. 20.Who are the winners and the losers of a high Canadian dollar? Importers benefit the most because they have more purchasing power when importing from trading partners. Exporters lose because their product costs more when the Canadian dollar is higher compared to buying locally or from other places that have a lower valued currency 21.What factors influence the exchange rate? interest rates of the two currencies, fiscal policy of government, economic growth, stability of financial system, and debt to gdp.
3. Is this for an assignment? :)