Read the article "A, 'Made in America' iPhone Would Cost $2,000, Studies Show". What is this article about? Why iPhone price could go sky high if it is all-American made? Between U.S and China, on what good or industry does U.S. have comparative advantage in production? How about China? Currently most of iPhones are still made in China. Rumor has it all production will shift to India by 2025. Do you think iPhone production will shift to India from China in the future? Please explain why you think so or think not. Do you think US company like Apple should outsourcing jobs overseas? Does it make sense that U.S. built the factories in another country like China or India? Would you be willing to pay $2,000 for a new iPhone if it is made in U.S?

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Based on your description the article discusses the potential cost implications of producing iPhones entirely in the United States which could result ... View the full answer