HECOL441 Lecture Notes - Lecture 10: North American Free Trade Agreement
2 Sep 2016
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Document Summary
While apparel manufacturing is often considered the quintessential global industry, the regional dimension of trade and production in the textile and clothing sector is less widely noted. To understand competitiveness, we need more than mapping where the garments are produced and sent. Refers to a vertical industry collaboration b/w countries that are geographically close to one another. Within rptn, each country specializes in certain portions of supply chain activities based on its respective comparative advantages so as to maximize the e ciency of the whole supply chain. More economically advance countries such as japan, south korea and china supply textiles to the less economically developed countries such as vietnam, bangladesh and sri lanka for apparel manufacturing where the wage is lower. Japan is the leading apparel importer and consumption market in asia. The us as a developed country supples textile materials to developing countries in. North, central & south america (mexico & caribbean)
