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Globalized Supply Chain - Coggle Diagram
Globalized Supply Chain
Globalization and Global Supply
Chain
Globalization of markets
Moving away from an economic system in which national markets are distinct entities, isolated by trade barriers and barriers of distance, time, and culture, and toward a system in which national markets are merging into one global market
Globalization of production
Trend by individual firms to disperse parts of their productive processes to different locations around the globe to take advantage of differences in cost and quality of factors of production (such as labor, energy, land and capital)
Global integration
MFN
treating other people equally & do the same for all WTO members
E.g: Apply the same import/ export rates to all MFN
WTO
trade opening
system operators of trade rules
forum for governments to negotiate trade agreements
settle trade disputes
ASEAN
FTAs
Where are we?
VN: xuất siêu
Improve the capacity of human resources (Cai Mep Port)