U3L2 Puzzle

5. Some are forced to work in unbearable conditions for example; Children, prisoners and uneducated people.
7. The disparity of wealth between the rich and the poor is getting bigger.
12. Export jobs typically require a high skill level and higher education; because of that, these workers receive a better salary.
13. Companies get more competitive and lower their prices to attract more customers. This competition helps to keep the inflation low
14. Big multinational corporations can utilize their wealth to manipulate global politics due to their annual output that can be greater than the GDP of some countries.
15. The coverage of human rights violations in countries that participate in international business by the media, has brought world pressure to improve human rights.
16. Opportunities to access cheaper labour and raw materials offered by other countries
17. When a country has a comparative advantage on a product they produce, their productivity rises. This increase gives us improved standards of living.
18. It is easy for consumers to compare prices between countries.
19. No speculation about changes in the exchange rate is needed for consumers.

1. No fees to financial institutions are required when consumers do currency transactions.
2. Companies in other EU countries have an easier way to bill customers.
3. A few Canadian companies will lose their comparative advantages to countries with cheaper labour.
4. Some diseases like AIDS or SARS are contracted by travellers that bring them back to their home country.
6. To provide employment for their citizens, countries want foreign investments. Having a good relation with foreign countries allows companies to receive loans from foreign financial institutions.
8. A lot of workers live with the fear of one day losing their job to countries with cheaper labour forces.
9. The relation established between countries around the world allows new ideas to be shared from one country to another.
10. Companies like KFC offer products that have a negative effect on citizens’ health. Bad products for their health from foreign countries also get into the Canadian market due to the lower regulations in these countries.
11. Jobs occupied by Canadians have been lost due to outsourcing. The replacement jobs are usually lower paying.
14. Companies build their factories in countries with lower environmental regulations to lower their production costs.