North Americas Comparative Advantage - 1458 Words

On October 13, 2015, the Universal Corporation hosted the 21st annual International Business Forum in the University Student Commons Ballroom, which was sponsored by the Virginia Commonwealth University School of Business every year when the forum is organized. The International Business Forum has been established by VCU in 1994 with the support of both private and public organizations from Richmond and Central Virginia. Each year, the forum has been supported through generous grants from the Universal Corporation. The purpose of this forum is to make students, faculty and the Virginia community more aware of global commerce and related international forces that make our world better. This year, which is also their third decade of hosting the forum, four panelists were on stage to this discuss the theme of this year’s forum â€Å"North America’s Comparative Advantage†. The overall purpose of the forum is to discuss why and how U.S., Canada and Mexico should enhan ce their alliance to meet the Asian and European challenges of the 21st century. Van R. Wood, Ph.D, the moderator of the forum, started the event off by welcoming everyone that attended. Van R. Wood is an International Marketing professor at VCU and the Philip Morris Endowed Chair in International Business. His teachings, research, and consulting focus on globalization and the selection and development of international markets has earned him many grants to develop international programs and has earned him manyShow MoreRelatedNorth American Free Trade Agreement981 Words   |  4 Pagesand Mexico struck gold with when they implemented the North American Free Trade Agreement, better known as, â€Å"NAFTA†. The use of NAFTA is in America’s best interest because, it benefits U.S. jobs, improves trade relations, promoted specialization of trade. Jobs in the United States thrived with the application of NAFTA. Millions of new jobs were created as trade became easier between the countries of North America. In an article titled, â€Å"North American Free Trade Agreement†, author Carol Wise speaksRead MoreAmerica s Position Of Dominance Sustainable1154 Words   |  5 PagesThe Sole Global Power Is America s exalted position of dominance sustainable? In 1865, when the Civil War ended with the victory in the North, the ball began rolling in America with the help of Abraham Lincoln and Jefferson Davis. The industrial boom occurred, generating the United States into being the most dominant nation in the world. The likelihood of America losing its world dominance is very minimal for several reasons. The United States will continue to be a massively powerful, secure, andRead MoreHow the Stock Market Crash of 1929 Affected Central America669 Words   |  3 Pagesfledging country. 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