 Economic boom of the 1950s & 1960s fuelled by trade with the USA  1965 – Can. signs Auto Pact with USA = allows American auto companies to build plants.

Slides:



Advertisements
Similar presentations
The Promise and Perils of Prosperity. Key Terms ► Social Support ► Natural Resources ► Boom Towns ► Megaprojects ► Pollution ▸ Branch Plants ▸ Economic.
Advertisements

Chapter 4.2. Definition & Terms Auto Pact aka Canada-US Auto Products Agreement –Agreement was signed in 1965 –It secured jobs for Canadians (Auto workers.
POB 1.03 Part 1 Understand business in the global marketplace.
Canada and Foreign Trade Unit 5 Lesson 26. Terms Imports Exports Trade Surplus Trade Deficit Net Exports Net Imports Import Substitution Tariff Protectionism.
Please: Grab out a blank sheet of paper and a writing utensil.
Ch. 16: International Trade CIE3M1-01 M. Nicholson.
International Trade Agreements BBI2O. Protectionism  When the government imposes policies designed to protect domestic producers by giving them an advantage.
International Trade Agreements BBI2O. Protectionism WWWWhen the government imposes policies designed to protect domestic producers by giving them.
Growth of Free Trade in the World. Free Trade and Economic Globalization The increase in free trade is directly responsible for the spread of economic.
Free Trade Agreements: Benefits and Consequences
 How can a business get involved in international trade? by importing, exporting and/or setting up shop in a foreign country.  World Trade Organization-
The Big Idea Mexico has four culture regions that all play a part in the country’s government and economy.
NAFTA North American Free Trade Agreement.
Trade Policies  Early Canadian Trade Policy  The National Policy  In 1879, Canada’s first prime minister, Sir John A. MacDonald instituted a.
GLOBALIZATION October 16th. Globalization What is it? What causes it? What are its effects? How is it similar to/distinct from Americanization?
Glossary of Key Terms balance of payments. An account of the flow of goods, services, and money coming into and going out of the country. capital. Money.
Global/International Marketing MR1100 Chapter 7. What is International Marketing? International Marketing is the Marketing across international boundaries.
2.1 ASPECTS OF INTERNATIONAL BUSINESS Saad, Max, Jason, Arzish.
The First modern decade
Ch. 16: International Trade ECONOMICS 12. International Trade Canadians have become accustomed to consuming goods & services from all parts of the world.
Canadian Economy Post WW1
NAFTA By Bianca Conway and Andy Heckman. What is NAFTA?  NAFTA is the North American Free Trade Agreement  On Dec. 17, 1992, President Bush, Mexican.
LESSON 1-1 The Foundation of International Business
Rank Name Country Type American films hold 96% of the Canadian film market 70% of all programming on Canadian television is American, 83% of the.
The European Union & Business A2 Business Studies Unit 4.
Chapter 1: WHAT IS TRADE? Fundamentals of International Business Copyright © 2010 Thompson Educational Publishing, Inc
Global/International Marketing MR1100 Chapter 7
 Global Village  Globalization  Developing World  Developed World  Interdependence  Homogeneity  Multinational Corporation  Free Trade  Downsizing.
FA32 GLOBAL TRADE AND REGULATIONS. GLOBALIZATION The flow of goods, services, money, labor, technology across international borders.
+ Foreign Trade U.S. Trading with other Countries.
The Economy and Culture Globalization. Economic Policies ProtectionismFree trade Goal: to protect national production from outside competition. Some measures:
Unit 15 Why Nations Trade.. Section 1-4 Why Nations Trade In a recent year, about 8 percent of all the goods produced in the United States were exported,
Canada’s Ties to the World. Post-war Period In the years after World War II, we have been examining Canada’s involvement in not only in international.
Foreign Trade and Trade Agreements. Trade is an important part of Canada’s economy and our number 1 trade partner is the USA; they buy about 90% of the.
Chapter 4: International Business What Is International Business? Barriers to International Business The Canadian government uses barriers, often referred.
Free Trade VS. Protectionism. Tariffs A tariff is a tax on an import. Tariffs cause foreign items to be more expensive as a tax is charged to each item.
Trade. Trade and Geography Trade Geography can give a country or region advantages in production and in trade – The more resource a country has the more.
Geography of Canada Inna Veliganova Interdependence of Nations.
The Impact Of Multi-National Companies Edited by Sirjan Singh MYP11G.
Canada: The 1970s What was going on? The relationship between the federal and provincial governments was becoming even more strained Separatism was on.
 There are six major trading blocs around the world.
Canada in the Post-War Era An Era of Social and Economic Change.
Interdependence of Nations. Major Topics: 1.Trade 2.Canada’s trading partners 3.International Trade Organizations 4.Fair Trade 5.Globalization 6.Child.
GLOBALIZATION & TRADE. Interdependence of Nations Major Topics: 1.Trade 2.Canada’s trading partners 3.International Trade Organizations 4.Fair Trade 5.Globalization.
Trouble in Juarez BY Chris Maleki Jason Swope.  NAFTA, the North American Free Trade Agreement, was signed by the United States, Canada, and Mexico.
Bust, Boom and Bust Canada began the 1920’s in a state of economic depression and jobs were scarce There was lots of Inflation, as more money was printed,
Chapter 10: Business in a Global Economy
Free Enterprise and the Economy of Texas
Global Trade and Regulations
International Business
International Economics Analyze costs and benefits of global trade
The Growth of Free Trade
Liberalization and Privatization in India
Economic Factors that Supported the push for Confederation
Canada’s changing economy
International Trade Ch. 16
Canada and Branch Plants Canadian Branch Plants
Understand business in the global marketplace.
Free Enterprise and the Economy of Texas
Understand business in the global marketplace.
Canada and the post war years- the roaring 20’s?
International Trade Agreements
Global Trade and Regulations
Understand business in the global marketplace.
Understand business in the global marketplace.
Global Trade and Regulations
International Economics and Trade
Our Changing Economy CHC 2DR Lesson 36.
Understand business in the global marketplace.
Presentation transcript:

 Economic boom of the 1950s & 1960s fuelled by trade with the USA  1965 – Can. signs Auto Pact with USA = allows American auto companies to build plants in Canada and sell cars duty-free in both countries = for every car that American companies sold in Canada, they had to build a car in Canada = 60% of the parts and labour on cars built in Canada had to be Canadian

 FIRA (Foreign Investment Review Agency) set up in 1973 by Trudeau to ensure that foreign investment in Canadian companies would benefit Canadians

 NORAD, NATO  Suez Crisis  Disagreements recently on exports – USA law forbids American companies from selling goods to “enemy” countries and believes that Canadian branch plants must obey this law as well

= unrestricted passage of goods across the border  This agreement was put into place in 1989  Advantages for Canada: -access to American goods -economic growth  Disadvantages for Canada: -integration with American economy

 Melting pot vs. Cultural mosaic  Music industry, film industry, television and radio industries, sports  What do we know about our neighbours? What do they know about us?