TXMI 4260 Lecture Notes - Lecture 1: Radio-Frequency Identification, 3D Printing, Special Administrative Regions Of China
19 Mar 2017
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Document Summary
At home making moved to domestic factories first. 1996 currently can access used machines to lower the costs. Cost averaging (some in, some offshore) partial responsibility textiles. More technical equipment, higher cost know heuristics rule of thumb def global sourcing = change, heuristics, focus. Cmt- domestic factories balanced production with domestic contractors. 807- domestic factories balanced production with import contractors. Free trade agreements fta made production move offshore because import sourcing cost advantages averaged everything out. Regressive taxes= reciprocal tariff act of 1934 then 1938 fair labor standards act flsa. 807 > 9802 returned with only duties charged out of the us. 1963- first utilization of the 807 provision then 807a summary gave caribbean basin countries tariff and quota advantages. Reduces prices by half foresaw the future with us income taxes by 124 years. 1 billion became 8 billion for mexico (less than five years) lower fabric costs, ease of business = full package products from them.
