Reuters: Asian supply lines hit by West Coast ports dispute
Article published: Feb 16, 2015 – out of date: no longer suitable for your IB Economics commentary
IB Economics syllabus: Microeconomics
As the dispute of workers at U.S. West coast ports cause huge delays for Asian suppliers, many large firms start shipping by air fright. Supply, demand and the substitution effect in action.
Source of image: Bob Riha Jr, Reuters