Benefits to Canada
http://www.canadarugbyleague.com
Increases Canadian Jobs
Exporting the test kits to Nepal would increase demand for the product, which leads to increased production of the product, therefore creating more jobs (International Trade Administration, 2014). Indirect jobs would also tie into the demand of this product. Cole Parmer sells their products but they do not make the products themselves; they receive materials for their products from other Canadian companies (Cole Parmer, 2016). The exportation of this product would have an impact on Cole Parmer and other companies that are associated with the production of this item.
Help the Canadian Economy
The exportation of arsenic kits to Nepal would increase the Canadian economy’s revenue, and increase profit for the Canadian company’s involved in the production. The Canadian companies would have to buy certain parts or sell parts to another Canadian company which would benefit the Canadian economy overall (Cole Parmer, 2016).
Trade Agreements
Trading with Nepal could also present opportunities to trade with other nearby countries. Arsenic in groundwater is an important issue for a number of countries similar to Nepal, with farmers who are only able to produce enough for food for their own family (Government of Canada, 2016). If other countries such as India and China see that this product is a success and that it could possibly benefit them, then they might reach out to Canada to form a trade agreement.