Dr Zain Yusufzai North America Chapter # 18 (page 511-539).

Canada

• Canada’s economy

Differences in the business environment

• Canada’s industrial climate
• Canada’s regulatory environment
• Competition
• Competition ACT
A Canadian federal law, which regulates
anticompetitive practices and prohibits
actions that will substantially lessen or
prevent competition; it is similar to US
antitrust laws

• Exports and imports

• Organization in Quebec
• Banking and finance

Canada labor code

A federal law that covers areas such as
wages, employment practices, work safety,
and conciliation of labor disputes
Labor relations
• Unions
• Working conditions
• Investments

Investment Canada ACT (ICA)

An act designed to create for foreign investment
by significantly loosening previous restrictions

Canada’s multinationals

Multilateral agreement on investment (MAL)

Business opportunities in Canada

North americium free trade agreement (NAFTA)

A regional free tree trade agreement between
Canada’ the us and Mexico
United states-Canada free arcade agreement (FTA):
a trade agreement that eliminates most trade
restrictions (such as tariffs) between these two

International business 1
Alan M. Rugman, Richard M. Hodgetts
Dr Zain Yusufzai North America Chapter # 18 (page 511-539).

countries and extends national treatment to foreign

investment

Marketing in Canada

• Distribution practices
• Advertising and promotion
• Exporting
• Franchising

Mexico’s economy

• MNE investment
• Labor

Mexico and the North American free trade

agreement

Latin America inter regional association (LAIA)

A free trade group formed to reduce
intraregional trade barriers and to promote
regional economic cooperation. Argentina,
Bolivia Brazil, Chile, Colombia, Ecuador,
Peru, Uruguay, and Venezuela are all
members

Regional trade agreements

Marcusor
A sub regional free trader group formed to
promote economic cooperation; the group
consists of Argentina, Brazil, Paraguay, and
Uruguay
Andean common market (ancom)
A sub regional free trade compact designed
to promote economic and social integration
and cooperation; Bolivia, Colombia, Ecuador,
Peru, and Venezuela are all members
Enterprise for the Americas
An idea launched by president bush; the aim
of this effort is to create the free trade area
from Alaska to argentine Antarctica
Free trade area of the Americas (FTAA);
A regional trade agreement that is exacted to
succeed NAFTA and include 34 countries
across north, central, and South America

International business 2
Alan M. Rugman, Richard M. Hodgetts
Dr Zain Yusufzai North America Chapter # 18 (page 511-539).

Doing business in Mexico

Mexico and the double diamond

• Petroleum cluster
• Automotive cluster

International business 3
Alan M. Rugman, Richard M. Hodgetts