This document discusses the advantages and disadvantages of doing foreign business, focusing on the challenges faced by Canadian firms, the influence of globalization on Canadian firms, and a proposal for an international business venture. It covers topics such as economic risks, legal risks, corporate social responsibility risks, competition, labor issues, and more. It also provides examples of Canadian companies that have entered foreign markets and analyzes their strategies. The document concludes with a proposal for an international business venture in the French fries market, targeting China and America as potential host countries.