Bruce Kendal Lecture

When Bruce Kendal came to the class to guest lecture, he discussed how bringing in foreign business, or exporting, is helping the economy.  One example he gave was Amazon.  The state of Washington wants their business and wants them to open a distribution center in Seattle because they bring in money from other countries.  Same as Boeing.  We want them to stay in Washington so bad because, besides being close to the number one name in transportation besides Pakcar, they bring in business and outside money from foreign countries.

Kendal also explained why it is important to bring in the foreign money.  It helps our economy grow.  If everything was internal, all that is occurring is circulation of current money with no growth.  When we introduce foreign money, new currency is coming in and bolstering the economy.  Likewise, small businesses that don't get international business stunt growth and don't help the economy as much.

I suppose If i were to run a video production service, like many other service companies in general, finding a way to help the economy grow would be tough.  I suppose one would have to get foreign contacts that extends the service internationally.  Like most airlines, they are a service, but serve many countries.