GMS 200 Lecture : GMS 200 lec 1 sep 12.docx
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GMS 200 Full Course Notes
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In a recent survey of ceos of forbes 100 largest multinational firms: Begins as glass panel manufacturer in s. korea, tawian, and japan. Then sent to mexico along us border(macquiladora) for combining with other electrical components shipped from asia and the us. (macquildora is a free trade zone, where u avoid the import and export duties with other tax advanatges. Other fta is in china known as shunjun , a company there pays no corpoartae tax for first. Another fta in dubai as zubel ali . Then finished tvs shipped to retails outlets in canada. 2 major companies boeng (usa) and airbus(france based) Boing 777 , fuesale door made in japan, landing gear singapore, wings italy, 30% of manufactiering interms of value happens out us. for boeng 777 as high as 65 outside. Other ex: cellphones, sim, intgereate circuit etc manufacetered other places globally. Wage leader: wage formula negotiated with united auto workers: 3% plus productivity and cost of living adjustments.