Table 1 indicates the flows of each product from one region to another. These flows were determined purely from a production and transportation costs perspective. Discuss how the different customs and trade related factors might influence these flows and related location decisions. Assume that all regions can produce all products
Table 1 indicates the flows of each product from one region to another. These flows were determined purely from a production and transportation costs perspective. Discuss how the different customs and trade related factors might influence these flows and related location decisions. Assume that all regions can produce all products
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Table 1 indicates the flows of each product from one region to another. These flows were determined purely from a production and transportation costs perspective. Discuss how the different customs and trade related factors might influence these flows and related location decisions. Assume that all regions can produce all products
 alt="Table 1: Flows obtained from optimizing based on production costs
Chipset
US
CH
EU
KR
Magnet US
CH
EU KR
US
80
US
0.
160
CH
120
CH
240
EU
EU
0.
KR
KR
Speaker
US
CH
EU
KR
Earpad US CH
EU
KR
US
US
200
CH
CH
EU
0.
EU
KR
200
KR
Headband
US
CH
EU KR
Headphones US CH
EU
KR
US
40
US
CH
60
CH
EU
KR
EU
20
25
30
25
KR
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Transcribed Image Text:Table 1: Flows obtained from optimizing based on production costs
Chipset
US
CH
EU
KR
Magnet US
CH
EU KR
US
80
US
0.
160
CH
120
CH
240
EU
EU
0.
KR
KR
Speaker
US
CH
EU
KR
Earpad US CH
EU
KR
US
US
200
CH
CH
EU
0.
EU
KR
200
KR
Headband
US
CH
EU KR
Headphones US CH
EU
KR
US
40
US
CH
60
CH
EU
KR
EU
20
25
30
25
KR
명으ㅇㅇ0
임|ㅇㅇㅇㅇ
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