Because globalization makes it easier and cheaper for businesses to buy, sell, and operate in other countries.
It imports products.
It has factories or offices in another country.
It invests in businesses in other countries.
USA: Canada and the U.S. trade cars, energy, food, and technology and are each other’s largest trading partners.
China: Canada exports resources and food to China and imports electronics, clothing, and manufactured goods.
Japan: Japan buys Canadian wood, fish, and minerals, while Canada buys Japanese cars and electronics.
Exporting
Importing
Licensing
Franchising
Jointventures
Investment
Multinationals