2.Consider an offshoring model in which Home's skilled labor has a lower relative wage than Foreign skilled labor, and the costs of capital and trade are uniform across production activities. a. Will Home's offshored production activities be high or low on the value chain for a given product? That is, will Home offshore production activities that are high-skilled-intensive, or low-skilled-intensive? Explain. b. Suppose that Home uniformly increases its tariff level, effectively increasing the cost of importing all goods and services from abroad. How does this affect the slicing of the value chain?

NAKASSAJJA CERAMICS AND TILES LTD. Nakassajja Tiles and Ceramics Ltd. (NCTL), a fairly young firm in Jinja Uganda, faces rapidly changing markets and increasing competition, Jinja is famous for its hand-painted tiles, mostly in different shades of blue. The region’s special clay has enabled to produce long-lasting quality tiles over the centuries. Modern methods of production are new to the industry in Jinja. NCTL, is regarded as the largest and most modern domestic producer. However, as a manufacturer for the international market, it is considered to be in its infancy and in need of technical and management knowhow. Current production comprises ceramic tiles for walls, flooring and decorative purposes. The company is considering entry into the export trade and diversifying into sanitary ware and tableware. Its managing director is an experienced retailer of tiles and sanitary ware. Tableware, a product line unrelated to the construction industry, will require separate construction…

With the emergence of the New International Division of Labor as one of the central characteristics of Third Globalization, scholars such as Petrovic and Hamilton (Wal-Mart) argue that countries, not retailer-dominated global supply chains, are still the most important and relevant units of global competition. Group of answer choices True False

Describe how the suppliers using a factor weighting appraoch ?