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Cranes and containers are seen at the Ports of Los Angeles and Long Beach, California in this aerial image

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Article published: Feb 16, 2015 – out of date: no longer suitable for your IB Economics commentary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

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