Which are the biggest transnational companies in the world? The graphic from The Economist magazine below identifies them. Click on the graph to read the article. You can also find more information about foreign direct investment in the Wolrd Investment Report 2012 published by the United Nations Conference on Trade and Development (UNCTAD). How exactly does one measure transnationality? The key measures involve the share of foreign assets, the share of foreign sales, and the share of foreign employment. The transnationality index (TNI) is the average value of these three shares (UNCTAD, "The Universe of the Largest Transnational Companies").
Below you find an annotated list of web links that cover a wide range of issues related to international business management. These resources are useful for students who are taking BASM 530 (The International Trading Environment) and/or BASM 531 (Multinational Enterprises).
Government of Canada Sources
- The Strategis Guide to Exporting
- Strategis is a service provided by Industry Canada. Over the years it has grown into a formidable source of information on international trade issues with a Canadian perspective. The two most information Strategis service follow immediately below.
- Trade Data Online (Strategis)
- This service provides a search interface to a wealth of information and trade statistics. Industry Canada provides Canadian and US trade data. Commodity data are available at the internationally comparable 6-digit Harmonized System level. Industry data are also available using Standard Industrial Classification (SIC) codes.
- Canada Business - Exporting
- Here you find helpful guides for writing up an export plan. A highly recommended starting point for your course assignment. You should have a look at the page describing how to create a successful export plan. Team Canada has also published A Step-by-Step Guide to Exporting.
- InfoExport - The Canadian Trade Commissioner Service
- The Department of Foreign Affairs and International Trade (DFAIT) has put together a set of country reports and industry sector reports. This complements the information from Industry Canada's web site.
- Agri-Food Trade Service Online
- Trade and marketing information from Agriculture and Agrifood Canada.
- Canada Border Services Agency (CBSA)
- Lots of useful information about importing and exporting. The CBSA maintains reports up-to-date border delay times. For learning about customs rules related to exporting, read their A Handy Customs Guide for Exporters, and consult the Canadian Harmonized System Classification Codes.
- Canadian International Trade Tribunal (CITT)
- The CITT operates within Canada's trade remedies system. It is an independent quasi-judicial body that reports to Parliament through the Minister of Finance. Its key mandate is to conduct inquiries into whether dumped or subsidized imports have caused, or are threatening to cause, material injury to a domestic industry.
- Export Development Canada (EDC)
- EDC provides insurance and financing for exporters. They also provide bonding, which provides buyer with a guarantee of the exporter's performance.
- Virtual Trade Commissioner
- This is an electronic leads system of the Government of Canada's DFAIT. Subscribers receive information about emerging export opportunities, market and sector specific information, and business leads.
- Canadian Tariffs and Rules of Origin
- From here you can look up all current Canadian tariffs
Useful Data Sources
- World Bank Searchable Database
- A great repository of data that is easy to navigate.
- IMF eLibrary (International Financial Statistics)
- This is the main database of the International Monetary Fund. It provides annual, quarterly, and monthly data for key economic indicators of all IMF member countries.
- WITS - World Integrated Trade Solution
- WITS is a software platform developed by the World Bank that provides access to the UN Comtrade and TRAINS database of trade statistics and tariff data.
- PACIFIC Exchange Rate Service
- This is a popular web service I maintain. It provides daily-updated exchange rates and a database retrieval and plot interface for historic exchange rates
U.S. Government Resources
- CIA World Fact Book
- This source provides overviews of all countries in the world.
- International Trade Administration (ITA)
- The ITA is a branch of the U.S. Department of Commerce
- U.S. Government Export Portal
- This site provides assistance to potential exports. It features overviews, market reports, links to other U.S. trade promotion agencies, and trade statistics.
- A Basic Guide to Exporting
- prepared by the U.S. Department of Commerce with the assistance of Unz & Co., Inc.
- Bureau of Economic Analysis (BEA)
- This is another branch of the U.S. Department of Commerce. On their web site you find up-to-date statistics on the U.S. economy.
- U.S Census Bureau Trade Statistics
- This site provides free summary statistics for U.S. trade. A more comprehensive database (but unfortunately fee-based) is STAT-USA and its sister service USA Trade Online.
North American Free Trade Agreement
- NAFTA Secretariat
- This site provides access to all the legal documents, including the full text of the NAFTA agreement
Asia-Pacific Economic Cooperation (APEC)
- APEC Secretariat
- Starting point for further information.
- APEC Tariff Database
- The easy way to find tariff information for the APEC member economies. Tariff schedules, concessions, prohibitions.
- The International Business Resource Connection
- A well maintained directory of starting points, from the Business School of the University of Kansas
- Canadian NewsWire
- This is an up-to-date information service that provides access to the latest information on individual companies in Canada.
- Transparency International
- If you want to find out about corruption in a particular country, this site provides many insights as well as a ranking called the Corruption Perception Index.
- Lex Mercatoria
- A very comprehensive web site with text of international treaties and international economic law.