A.explain relevant Theory

a. what is comparative advantage?

b.explain why and how free trade is determined by comparative advantage?

link relevant Theory with the facts of the case

B. in the given situation America does not have comparative advantage in making IPhone, but some other countries do.

how did the situation and fall over the last year's use use evidence from the case to support your statements.

C. add your own perspective to analysis

a. reflect on the following statement from the case situation.

"A foreignmen immediately roosted 800 workers inside the company Dimitri's and then each employee it was giving a biscuit and a cup of tea guided to a workstation and within half-an-hour started a 12-hour shift fitting glass screens and to be weld frame.

do you agree that the situation described in the statement is production efficiency what are your views on it?

the image below is the case study

SUBJECT RESEARCH This case study assignment worth 2% of METHOD your total course mark. This is the first of KNOWLEDGE CASE three assignments that require you to analyse a real-life event using some of STUDY the economic concepts that you have CONCLUSION CRITERIA learned in the Microeconomics course DATA Economics in real life "Not long ago, Apple boasted that its products were made in America. Today, almost all of the 70 million iPhones, 30 million iPads and 59 million other products Apple sold last year are manufactured overseas. 'It isn't just that workers are cheaper abroad,' write Charles Duhig and Keith Bradsher. 'Rather, Apple's executives believe the vast scale of overseas factories as well as the flexibility, diligence and industrial skills of foreign workers have outpaced their American counterparts so much that "Made in the U.S.A." is no longer a viable option for most Apple products.' Apple executives say that going overseas, at this point, is their only option and recount the time Apple redesigned the iphone's screen at the last minute, forcing an assembly line overhaul. "A foreman immediately roused 8,000 workers inside the company's dormitories, and then each employee was given a biscuit and a cup of tea, guided to a workstation and within half an hour started a 12-hour shift fitting glass screens into bevelled frames. Within 96 hours, the plant was producing over 10,000 iPhones a day". 'The speed and flexibility is breathtaking,' says one Apple executive. There's no American plant that can match that.' Apple's success has benefited the U.S. economy by empowering entrepreneurs and creating jobs at companies like cellular providers and businesses shipping Apple products. But ultimately, Apple executives say curing unemployment is not Apple's job. 'We don't have an obligation to solve America's problems. Our only obligation is making the best product possible.""