Answered step by step
Verified Expert Solution
Link Copied!

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

image text in transcribedimage text in transcribed
image text in transcribedimage text in transcribed
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

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Public Relations

Authors: Tom Kelleher

1st Edition

0190201479, 9780190201470

More Books

Students also viewed these Economics questions

Question

Analyze your fixed operating costs and calculate gross profit.

Answered: 1 week ago

Question

How does an applicant apply?

Answered: 1 week ago

Question

Always have the dignity of the other or others as a backdrop.

Answered: 1 week ago