Golden Arches
... causes more competition between companies. It provides a country with new technology and a variety of goods and services. It allows a nation to acquire crops, oil, and other natural resources that they themselves could not produce. If it weren’t for international trade, Canadians couldn’t enjoy the bananas and other exotic fruits we import from the South. In addition to this, doing business in other countries creates jobs for the people of those countries, who can work at the new establishments. When business in the new countries becomes successful, the foreign country will invest in offices, factories or warehouses in that country. This not only generates work, but attracts investment as well. Because of the benefits of international trade, many companies will indeed decide to expand their businesses around the world, especially if business in the original country slows. It allows the business to sell their products to people all across the world, and render their brand a household name. Furthermore, if there is limited space in the original country, an establishment may be set up in other countries. By doing this, shipment costs, as well as taxes and tariffs can be decreased when selling to other countries. Unfortunately, doing business in other countries has its drawbacks a...