Gillespie: Foundations of Economics
Unit 9
Burberry closure cut costs
In 2007 the famous british brand Burberry closed its production in Wales in favour of lower cost production abroad. To read more visit
news.bbc.co.uk/1/hi/wales/5320818.stm
Business growth
For more information on the issues involved in growing you can visit the government's Business Link website
www.businesslink.gov.uk/bdotg/action/layer?r.l1=1073858802&topicId=1074404796&r.s=m
China
China offers many opportunities to producers from around the world because of its low costs. To see an overview of China in charts visit
news.bbc.co.uk/1/shared/spl/hi/in_depth/china_modern/html/2.stm
Economies of scale
For a 2004 study of economies of scale in the UK water industry visit
www.ofwat.gov.uk/aptrix/ofwat/publish.nsf/AttachmentsByTitle/stone_webster_150104.pdf/$FILE/stone_webster_150104.pdf


