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 Alan M. Rugman, Richard M. Hodgetts

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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 Alan M. Rugman, Richard M. Hodgetts

2

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 Alan M. Rugman, Richard M. Hodgetts

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