Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Some research has identified internal Production Networks (IPNs) as one of key factors to drive the economic growth in China after China's accession of WTO
Some research has identified internal Production Networks (IPNs) as one of key factors to drive the economic growth in China after China's accession of WTO in 2001. The share of parts and components in trade for China is much higher than for all other regions in the world - consequently, globalisation has helped China to become "the factories of the world". The presence of the many Multinational Enterprises (MNEs) in China has contributed to this trend in offering well-established brands and sophisticated international distribution channels. 2a) Identify facts that have contributed to the increasing share of components trade in China [3 marks] A BI U X X ABC DC O 13 C $ 42b Explain why China is so attractive to MNEs [3 marks] A - BIU X x ABC D C I Report 2c) In 2020, the shortage in the supply of N95 face masks in most western countries highlighted just how dependent the West countries had become on production in China. Afterward, The Trump administration initiated a series of policy responses to "decouple from China" , In this context, do you believe China could be decoupled from western countries? If so, which countries will suffer most? If not, why not? [4 marks] 19 13"C
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started