Country Competitiveness Is Not Something That Is Permanent or Fixed

question 109

Essay

Country competitiveness is not something that is permanent or fixed.The dominant features of the global economy are the rapid changes relative economic and competitive status of different countries.Canada is not immune to these changes.We have seen our total share of the global economy decrease and the loss of many industries.
The anti-globalization movement has been active in Canada.In particular they have been critical of multinational corporate power and argued against global and regional agreements on economic growth and the lowering of trade barriers.Others feel that globalization is inevitable and contributes to the well being of people around the world.
a.Consider the overall impact of globalization on Canada from the perspective of a software developer-has it been positive or negative? Explain your answer.
b.What kinds of strategies could a Canadian developer of software employ to reduce the negative impacts and take advantage of the positive aspects? Explain your answer

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Definitions:

Reshoring

The process of bringing back manufacturing and services to one's own country from overseas, often for reasons of quality control, patriotism, or cost management.

Sourcing Of Goods

The process of finding and acquiring raw materials, components, or products from suppliers for use in manufacturing or sale.

Domestic-Shoring

The practice of relocating a company's operations back to its domestic country from abroad to reduce costs or meet regulatory requirements.

Purchasing Costs

The costs associated directly with buying goods or services, including price of the product, taxes, shipping, and handling fees.