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What are the sources of comparative advantage?
== == Anything that might create a difference in the productivity of two countries would create a situation for comparative advantage. Legislation about work week length, incentive for innovations, taxes, etc. As an example, take Bangladesh and the garment industry. Bangladeshi were trained by others in running textile shops to take advantage of cheap Bangladeshi labor. Managers at the first textile shop learned enough to be able to set up their own textile shops, and a vibrant garment-creation industry in Bangladesh sprung up, nourished by informed managers, cheap labor, and easy access to major trade routes. (Covered in Thomas Friedman's "The World is Flat") Many industries have positive feedback cycles, and initial hot spots may grow and reinforce themselves over time. Silicon Valley in the United States, Banglaore in India, or Dublin in the EU. Patent and trademark laws, or anything relating to the protection of intellectual property, may give some sort of comparative advantage. Innovators may be drawn to a country which offers greater potential rewards for profitable innovations. Likewise, laxer tax codes might draw high-earners.
What is the main industry of Bangladesh- Jute Or Textile?
The main industry of Bangladesh is the textile and garment sector, which is the largest contributor to the country's economy. While jute was historically significant and remains a notable crop, the textile industry has grown to dominate exports, employing millions and making Bangladesh one of the world's leading garment producers. The focus on textiles has driven economic growth and development in recent decades.
Which is the top garment industry of Latin America?
Mexico qualifies as such. It is the 11th and 4th largest exporter of textiles and clothing in the world, respectively.
Explain the working of a garment export house with flow chart.?
complite process of garment export house by flow chart
What does garments mean?
clothing so like your top is a garment
Informal sector in garment and textile industry?
Informal sector in garment and textile industry?
Do you have any notes on time study in garment industry?
Notes on history of time study in garment industry
What are some advantages an disadvantages of ready made garment?
The advantage is tht you will have your own style and it will cost less money......the disadvantage is tht byuing fabrics may cost a lot of money!
What is the role of merchandiser in garment industry?
In garment industry, merchandiser is the BRIDGE between the management (or) industry and the buyer. He has to look after every job, like buying the raw material , making the garment, finishing the garment, documentation (overall view), finally shipping. The merchandiser creates a good relationship between exporter & buyer.
What is the role of merchandising manager in garment industry?
The merchandising manager is one of the most important positions in the garment industry. They are the ones in charge of branding for stores and designers.
Example of divisional organization structure?
garment industry?
How do you convert fabric to garment?
small scale industry
What is pp sample in garment industry?
Production Planning
What is the number of Bangladesh in the garment industry?
4.62 in 2019
What country has the largest garment manufacturing industry in the world?
China
What is CPL in garment knit industry?
cut palla layer
What do you mean by merchandising?
It is basically the quality control process in the Garment Industry.
