FSN 400 Study Guide - Midterm Guide: Good Governance, Stimulus Modality, Normative Social Influence
3 Mar 2016
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2012 canada"s top 5 export destinations: united states, united kingdom, china, japan, mexico. High quality and value: attracts the moderate and high-end us retailers to produce their products in canada. Innovative design: men"s tailored suit, coat, lingerie/intimate apparel, children"s wear, active- wear, and fur. Quick turnaround time: 2 to 3 months, faster than chinese producers. Flexible in smaller run: far more flexible than their us counterparts. Imports from china, india, and the least developed countries (ldcs) have risen due to the manufacturing cost. The number of domestic manufactures clothing local operations in favour of offshore production. Bangladesh ships out many products, labour cost is the cheapest, less regulation, Benefits of the wto (read week 1 handout) Cut costs and raises the standard of living. 4 percent-plus drop in apparel retail prices from 2006-2008 as a result of quota. China has surpassed japan to become the world"s second biggest consumer market.
