1. How can Canada compete on quality and productivity in a global market?
1. How can Canada compete on quality and productivity in a global market?
Homework Answers
There are several advantages in Canada. Location, nature,
diverse economies, high-quality public education and institutional
and political stability provide our main benefits. The proximity
and relationship between Canada and the United States represent
definite advantages in accessing the big US market.
The costs of producing cellphones in Canada are lower and so there
is a comparative advantage in cell phone production. Absolute
benefit When using the same amount of resources, you can generate
more goods or services than rivals. These are the positive side to
compete in global market.
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