Economics questions


  1. Did COVID cause the supply shortages?
  2. More than 49.1% of U.S. imports pass through which two ports?
  3. How much increase in ship traffic and container traffic was there in February 2021?
  4. For every 100 containers imported to U.S. how many containers were exported?
  5. Shortages causing shortages causing shortages… what does this viscous cycle mean?
  6. What was happening in Alaska during the summer of 2021?
  7. What were some causes of computer chip shortages?
  8. What are core principles of Toyota manufacturing process?
  1. Why was the Toyota model not compatible with many global firms?
  2. In your understanding, what were the causes of supply shortages and how long do you think the current crisis will continue?

Sample Solution