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Trade Mission
Trade mission is a tool for governments to promote and market exports. It is smaller in scale compared to trade fairs and can be useful when firms are trying to enter a foreign market. Considerations Several factors are needed to be considered whenever a business executive is trying to join a trade mission. Clearly stating the goal of trade mission before the departure is important. Choosing the target industry and the participants is a crucial aspect. Executives have to analyze the costs and possible future benefits of trade mission. Careful evaluation of the agenda is required. Target audience should be decided upon actual trade mission. Controversy regarding Trade Mission Trade missions are supposed to be about developing trade opportunities. However, when government agency is involved, there is controversy regarding international politics being involved. Trade mission might not be conducted targeting particular industry or actual companies which won't be about developing ...
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Team Canada Mission
Team Canada Missions (TCTMs) are Canadian government international trade missions led by the Prime Minister of Canada, the Minister of International Trade along with the leaders of the provinces and territories of Canada. As of March 2025, a Canadian government website listed the description of Team Canada Trade Missions (TCTMs) as "large-scale, minister-led trade missions to the Indo-Pacific region." The same website stated the missions "prioritize innovation sectors where Canada has a competitive advantage. Delivered by Canada's Trade Commissioner Service, TCTMs are also a key initiative under the Indo-Pacific Strategy." The first Team Canada Mission was made in 1994, and led by PM Jean Chrétien. The missions are cited as a significant legacy of his Prime Ministership. History Chrétien would make a total of four Team Canada trade missions to China. Writing in ''The Globe and Mail'', April Fong noted that a group of "nearly 500 Canadian political and business representativ ...
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Trade Show
A trade show, also known as trade fair, trade exhibition, or trade exposition, is an exhibition organized so that companies in a specific industry can showcase and demonstrate their latest products and services, meet with industry partners and customers, study activities of competitors, and examine recent market trends and opportunities. In contrast to consumer shows, only some trade shows are open to the public, while others can only be attended by company representatives (members of the trade, e.g. professionals) and members of the press, therefore trade shows are classified as either "public" or "trade only". A few shows are hybrids of the two; one example is the Frankfurt Book Fair, which is trade only for its first three days and open to the general public on its final two days. They are held on a continuing basis in virtually all markets and normally attract companies from around the globe. For example, in the U.S., there are currently over 10,000 trade shows held every ...
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Globalization
Globalization is the process of increasing interdependence and integration among the economies, markets, societies, and cultures of different countries worldwide. This is made possible by the reduction of barriers to international trade, the liberalization of capital movements, the development of transportation, and the advancement of information and communication technologies. The term ''globalization'' first appeared in the early 20th century (supplanting an earlier French term ''mondialisation''). It developed its current meaning sometime in the second half of the 20th century, and came into popular use in the 1990s to describe the unprecedented international connectivity of the Post–Cold War era, post–Cold War world. The origins of globalization can be traced back to the 18th and 19th centuries, driven by advances in transportation and communication technologies. These developments increased global interactions, fostering the growth of international trade and the exc ...
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International Trade
International trade is the exchange of capital, goods, and services across international borders or territories because there is a need or want of goods or services. (See: World economy.) In most countries, such trade represents a significant share of gross domestic product (GDP). While international trade has existed throughout history (for example Uttarapatha, Silk Road, Amber Road, salt roads), its economic, social, and political importance has been on the rise in recent centuries. Carrying out trade at an international level is a complex process when compared to domestic trade. When trade takes place between two or more states, factors like currency, government policies, economy, judicial system, laws, and markets influence trade. To ease and justify the process of trade between countries of different economic standing in the modern era, some international economic organizations were formed, such as the World Trade Organization. These organizations work towards the ...
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International Business
International business refers to the trade of goods and service goods, services, technology, capital and/or knowledge across national borders and at a global or transnational scale. It includes all commercial activities that promote the transfer of goods, services and values globally. It may also refer to a commercial entity that operates in different countries. International business involves cross-border Financial transaction, transactions of goods and services between two or more countries. Transactions of economic resources include capital, skills, and people for the purpose of the international production of physical goods and services such as finance, banking, insurance, and construction. International business is also known as globalization. International business encompasses a myriad of crucial elements vital for global economic integration and growth. At its core, it involves the exchange of goods, services, and capital across national borders. One of its pivotal aspects ...
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International Politics
International relations (IR, and also referred to as international studies, international politics, or international affairs) is an academic discipline. In a broader sense, the study of IR, in addition to multilateral relations, concerns all activities among states—such as war, diplomacy, trade, and foreign policy—as well as relations with and among other international actors, such as intergovernmental organizations (IGOs), international nongovernmental organizations (INGOs), international legal bodies, and multinational corporations (MNCs). International relations is generally classified as a major multidiscipline of political science, along with comparative politics, political methodology, political theory, and public administration. It often draws heavily from other fields, including anthropology, economics, geography, history, law, philosophy, and sociology. There are several schools of thought within IR, of which the most prominent are realism, liberal ...
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Diplomatic Conferences
A summit meeting (or just summit) is an international meeting of heads of state or government, usually with considerable media exposure, tight security, and a prearranged agenda. Notable summit meetings include those of Franklin D. Roosevelt, Winston Churchill, and Joseph Stalin during World War II. However, the term summit was not commonly used for such meetings until the Geneva Summit (1955). During the Cold War, when American presidents joined with Soviet or Chinese counterparts for one-on-one meetings, the media labelled the event as a "summit". The post–Cold War era has produced an increase in the number of "summit" events. Nowadays, international summits are the most common expression for global governance. Notable summits Allied World War II conferences *U.S.–British Staff Conference (ABC–1) (January 29 – March 27, 1941) * Atlantic Conference (August 9–12, 1941) * Moscow Conference (September 29 – October 1, 1941) *Arcadia Conference (December 22, 1941 – ...
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