Refer to Fig. 4 ” The Global Value Chain for Apple’s iPhone 4″ on Pg. 8 (Pg.10) in the document titled “Global value chains and smart specialization strategy”. Answer the following questions:
1. How much value does the Chinese manufacturer appropriate in this value chain?
2. How much value does Apple appropriate?
3. Please explain the discrepancy in the amounts of value appropriated by Apple and the Chinese manufacturer.
4. Who are the main beneficiaries of this global value chain? Who are the main losers?
Please use this link to view and download the article:
https://publications.jrc.ec.europa.eu/repository/bitstream/JRC98014/jrc98014%20final_lb_rr_gvc_science%20for%20policy%20report%20v21dec2015.pdf
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