international shift in industry Flashcards

1
Q

important industrial regions outside of namerica and urope

A

east asia
south asia
latinamerica

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2
Q

east asia plans

A

they will eventually pull ahead of europe as indutrialization takes place

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3
Q

south korea makes

A

large container ships

steel and fabricated metal

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4
Q

south asia is led by

A

india

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5
Q

india produces

A

textiel

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6
Q

india’s gdp will match USA in —–

A

2050

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7
Q

nearest low wage region to the usa

A

latin america

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8
Q

brazil leads

A

latin america

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9
Q

mdcs have been losing theses key industries

A

steel and clothing

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10
Q

today’s world producer of steel

A

china

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11
Q

labor intensive industries have been attracted to

A

LDCS

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12
Q

what is the new international division of labor

A

selective trandfer of some jobs to LDCS -usually low pay, low skill

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13
Q

whats outsourcing

A

deision by a corporation to turn over muc hof the responsibilities of production to independent suppliers

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14
Q

ehats vertical integration

A

a company controlls all phases of a highly complex producion process

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15
Q

how does outsourcing impact distribution of manufacturers

A

each step in the production process is scrutinized to find the best location possible

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16
Q

carmakers outsourced the production of seatst to independent ocmpanies and

A

the seats installed in USA are assembled in Usa, but the parts are from other places