This article points out how the iphone, while being a major success, could be considered detrimental to the American economy. As is known, the iphone is an American product, however, what many people might be oblivious to is the fact that it is manufactured in the People's Republic of China. This increases the US trade deficit with China. The authors of the study presented in the paper introduce us to an idea that could cut down on Apple's profist but could be beneficial to the US economy. The idea is relatively simple, start manufacturing iphones in the US. My perspective about this article is incredulous, simply because the US economy is based on Capitalism and companies shouldn't make sacrifices in the sake of the country's well being.
i think Apple has no business ethics therefore they try to minimize their cost even if it results in trade deficit of their country
ReplyDeleteI think Apple should focus on their own wellbeing rather than the country's. I don't believe that a product like that would have a huge effect on the US economy.
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