Anyone has documents about the increasing importance of global production networks in the textile and clothing industry?

The Global Textile and

Garments Industry:

The Role of Information

and Communication

Technologies (ICTs)

in Exploiting the

Value Chain

Information and Communication

Technology (ICT) has an important role

to play as developing countries adjust

to the new era. These opportunities will

derive from the ability of ICTs to open

up parts of the supply chain (other than

basic manufacturing and processing)

to developing countries. This report

presents case studies of companies that

have successfully used ICTs to move,

for example, into higher-value activities

such as design and logistics, or to

access niche markets

The correct answer is A. equilibrium price to increase and equilibrium quantity to decrease.

Explanation:

DETERMINANTS OF THE OFFER:

The price of the good: increasing the price of the good will increase the quantity offered and vice versa. Price of resources and inputs used in the production of the good: As the price of the inputs of a good increases, its supply will decrease and vice versa. When talking about the price of resources and inputs, it refers to the price of labor (wages), price of raw materials, energy prices, interest rates, etc. Production technology: by improving technology in production, the supply of a good will increase. Expected future prices: If the price of the produced good is expected to increase in the short term, the offer will increase, and vice versa. Number of bidders: With a larger number of bidders the offer of a good will increase and vice versa.