Reference no: EM133440631

Assignment:

Boeing's 787 Dreamliner Is Made of Parts from All Over the World. Check the source on aeronewstv. to see Boeing 787 Dreamliner structure: parts from around the globe.

There are lot of stories about the Boeing Dreamliner 787 on Boeing website, and you can tell it has customers all around the world.

Because of the Covid-19 pandemic, Boeing Inc. decided to cut more than 13,000 employees and end production of its 787 Dreamliner in the Seattle area after more than a decade and move final assembly to South Carolina.

Based on the above information, please think about the following question and post your answer right below this original post:

1. What is global supply chain? Why Boeing Inc. choose to let foreign producer manufacture more than 70% of the airplane parts? How buying parts from foreign producer will affect U.S. trade balance? How selling the Dreamliner 787 affect U.S. trade balance? Can any traditional trade model (Ricardian model, H-O model) explain this type of trade? Explain.
2. Can you find any other industries that depends on global supply chain? What type of jobs in value chain should be outsourced to foreign country? What type of jobs in value chain should be kept at home ideally?
3. How has the pandemic change the global supply chain and decision of the multinational company like Boeing in its production and sales? How about the effect on other industries you find in part 2? Find online resources for the relevant articles and put the link in your post.