International business news Article Example | Topics and Well Written Essays - 250 words - 2

International business news - Article Example Low economic growth in US will affect interest rates and exports earnings (CBC 2012). On the other hand, the problem of the emerging markets like china is inflation. Canada should therefore review its policies and increase its trading with the emerging markets to record stable performance and fiscal performance. The article also further explains the impact of fiscal slippage on interests rates. Canada must thus ensure that it shields its financial market from the risk of recording increasing interest rates as this would reduce rate of investment and reduce economic performance. The lack of fiscal stability in the developed nations would affect other economies. The final section of the article contains the how Canada should enter into trading partnership with the growing economies. Canada’s share of exports to these emerging markets has reduced by 50% and this calls for urgent need to increase its exports to exploit the growing demand (CBC 2012). The article recommends that Canada require concerted efforts to develop trade with the emerging economies to maintain its fiscal stability and earnings from efforts. Canada business should also improve on the competitiveness; look for new suppliers in order to maintain stability in the volatile economy. In summary, the article raises concern over the increasing fiscal instability of the leading economies on Canada economic stability and recommends increased trading with the emerging markets. High global debt will impact Canada: Carney - Business - CBC News. (n.d.). CBC.ca - Canadian News Sports Entertainment Kids Docs Radio TV. Retrieved March 21, 2012, from