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1. Bangladesh, Vietnam, Japan, and the United States of America are examples of countries that have distinct capabilities and advantages in the global apparel and automotive industries. All of these countries are among the top ten global exporters of clothing and automobiles (see Table 1A & 1B in page 2). a. Do the capabilities and advantages of Bangladesh, Vietnam, Japan, and the United States of America in the global clothing and automotive markets have anything to do with Hecksher-Ohlin's theory on the determining factors of a country's exports? Discuss. (12 Marks) b. Using the data in Tables 1A and 13, explain briefly how these countries perform in the global trade of clothing and automotive products. (8 Marks)
Table 1A: Top 10 exporters of clothing, 2020 (Billion dollars and percentage) Share value in world exports Rank Exporter Value 2000 2005 2010 2020 2020 1 China 142 18.2 26.6 36.6 31.6 2 European Union 125 26.4 29.3 26.9 27.9 3 Việt Nam 29 0.9 1.7 2.9 6.4 4 Bangladesh 28 2.6 2.5 4.2 5 Turkey 15 3.3 4.2 3.6 3.4 6 India 13 3.0 3.1 3.2 2.9 7 Malaysia 10 1.1 0.9 1.1 2.2 8 United Kingdom 8 2.1 1.8 1.6 1.9 9 Hong Kong, China 8 n.a n.a n.a n.a 10 Indonesia 8 2.4 1.8 1.9 1.7 Note: n.a = not available ON 6.3 mm HS N000 m ton to wo NON 9.1 Table 18: Top 10 exporters of automative products, 2020 (Billion dollars and percentage) Share value in world exports Rank Exporter Value 2000 2005 2010 2020 2020 1 European Union 609 45.4 49.5 46.4 48.5 2 Japan 125 15.3 13.3 13.7 9.9 3 United States of 110 11.7 9.4 8.8 America 4 Mexico 104 5.3 8.8 5.1 8.3 5 China 58 0.3 1.1 2.6 4.6 6 Korea, Republic of 56 2.6 4.1 5.0 4.4 7 Canada 46 10.5 7.3 4.6 8 United Kingdom 37 4.5 4.2 3.6 2.9 9 Thailand 22 0.4 0.9 1.7 1.8 10 Turkey 22 0.3 1.0 1.3 1.7 Source: WTO, 2021: World Trade Statistical Review ما تماس با ما om 3.7 lum ONM oop