Effect of Globalisation on Canada and Australia
Added on 2022-08-12
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Running head: EFFECT OF GLOBALISATION ON CANADA AND AUSTRALIA
Effect of Globalisation on Canada and Australia
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Effect of Globalisation on Canada and Australia
Name of the student
Name of the University
Author note
EFFECT OF GLOBALISATION ON CANADA AND AUSTRALIA1
Introduction
Globalization helps in describing growing interdependence of the economies,
cultures along with the populations of the world which are brought about owing to the
cross-border trade taking place in between the countries. The improvements brought
about in the realm of technology along with the transportation have helped in
facilitating globalisation in the present age (Hopper, Lassou & Soobaroyen, 2017).
The rapid growth of the population have increased the demand of the goods and the
services in the present age that have helped in facilitating the aspect of the
globalisation. Globalisation have an impact on the international law along with the
cross national policies. The national governments have been responsible for the
maintenance of the security along with the economic welfare of the citizens. The
ecological changes are taking place at the global level and this have necessitated
the political activity in the various countries of the world. Globalisation is driven by
the international trade along with the investment and it have effect on the political
systems in a country. This essay throws light on the effect of the globalization on the
domestic and the foreign policies of Australia and the Canada.
Discussion
The advances taking place in the information technologies along with the
production process have helped in making new goods and the services tradable in
the present age. The domestic firms present in Canada can increase the production
efficiency with the help of the new developments taking place in the present age.
Globalization have changed the security environment of Canada in the present age.
The rising and the falling of Soviet Union along with growth of the China have
changed the distribution of the global power (Asongu & De Moor, 2017). The
Introduction
Globalization helps in describing growing interdependence of the economies,
cultures along with the populations of the world which are brought about owing to the
cross-border trade taking place in between the countries. The improvements brought
about in the realm of technology along with the transportation have helped in
facilitating globalisation in the present age (Hopper, Lassou & Soobaroyen, 2017).
The rapid growth of the population have increased the demand of the goods and the
services in the present age that have helped in facilitating the aspect of the
globalisation. Globalisation have an impact on the international law along with the
cross national policies. The national governments have been responsible for the
maintenance of the security along with the economic welfare of the citizens. The
ecological changes are taking place at the global level and this have necessitated
the political activity in the various countries of the world. Globalisation is driven by
the international trade along with the investment and it have effect on the political
systems in a country. This essay throws light on the effect of the globalization on the
domestic and the foreign policies of Australia and the Canada.
Discussion
The advances taking place in the information technologies along with the
production process have helped in making new goods and the services tradable in
the present age. The domestic firms present in Canada can increase the production
efficiency with the help of the new developments taking place in the present age.
Globalization have changed the security environment of Canada in the present age.
The rising and the falling of Soviet Union along with growth of the China have
changed the distribution of the global power (Asongu & De Moor, 2017). The
EFFECT OF GLOBALISATION ON CANADA AND AUSTRALIA2
changes pertaining to international distribution of the power have caused the
Canadian policymakers in revisiting approach to global south. Government of the
Pierre Trudeau have re-imagined the global geography and it have made the way for
south on the mental maps and he have promised the engagement. The country have
prioritized the aspect of the trade along with the national unity and it have favoured
the element of the evolution in relation to the domestic policies (Bayne, 2019). The
environmental diplomacy of Canada was constrained owing to proximity to United
States along with the priorities. It have on the other hand been found that Canada
along with the political leaders have become aware of the environmental threats. It
have paved the way for the creation of the Canadian multilateral leadership and it
have allowed Canada in continue the contributions in the world.
The Canadian firms have recognized new global dynamic and it have adapted
the response in relation to the new situation prevailing in the modern age. There
exist some firms that have become multinational and they have detached labour-
intensive activities in relation to the operations. The business have relocated to
various other countries in which the labour cost is more competitive. It have been
found that China along with the south-east Asia are the primary destinations
pertaining to the production work within the framework of manufacturing sector
(Nevitte, 2017). India on the other hand have been the main destination in relation to
service-oriented sectors. There exist a large number of the Canadian firms that want
to compete by becoming the parts of the value chains of the other firms. The free
trade agreement on between Canada and US came into existence in the year 1989
and it have made Canada embark on the ambitious path of the globalization
(Fischer, 2018). They have become open to the aspect of the trade that have been
built on positive experience of Auto Pact. It have brought about a transition in
changes pertaining to international distribution of the power have caused the
Canadian policymakers in revisiting approach to global south. Government of the
Pierre Trudeau have re-imagined the global geography and it have made the way for
south on the mental maps and he have promised the engagement. The country have
prioritized the aspect of the trade along with the national unity and it have favoured
the element of the evolution in relation to the domestic policies (Bayne, 2019). The
environmental diplomacy of Canada was constrained owing to proximity to United
States along with the priorities. It have on the other hand been found that Canada
along with the political leaders have become aware of the environmental threats. It
have paved the way for the creation of the Canadian multilateral leadership and it
have allowed Canada in continue the contributions in the world.
The Canadian firms have recognized new global dynamic and it have adapted
the response in relation to the new situation prevailing in the modern age. There
exist some firms that have become multinational and they have detached labour-
intensive activities in relation to the operations. The business have relocated to
various other countries in which the labour cost is more competitive. It have been
found that China along with the south-east Asia are the primary destinations
pertaining to the production work within the framework of manufacturing sector
(Nevitte, 2017). India on the other hand have been the main destination in relation to
service-oriented sectors. There exist a large number of the Canadian firms that want
to compete by becoming the parts of the value chains of the other firms. The free
trade agreement on between Canada and US came into existence in the year 1989
and it have made Canada embark on the ambitious path of the globalization
(Fischer, 2018). They have become open to the aspect of the trade that have been
built on positive experience of Auto Pact. It have brought about a transition in
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