Globalisation

Question 1

How many members does the WTO have?

Answer 1

157

Question 2

How many companies does the Tata Group have?

Answer 2

100 companies with each of them operating independently

Question 3

How many countries does the Tata Group operate in?

Answer 3

80 countries which receive 58% of its revenue

Question 4

What is the Tata Groups presence in the UK?

Answer 4

• Jaguar and Land Rover bought by Tata Motors for $2.5bn in 2008
• Tetley Groupby Tata Tea for $430mn in 2000

Question 5

How many people live in a around Bangalore?

Answer 5

10mn people

Question 6

How many Technology companies are registered in Bangalore?

Answer 6

120

Question 7

How many millionaire are there in Bangalore?

Answer 7

13,000

Question 8

What % of global trade did China have in 2013?

Answer 8

38.1%

Question 9

What is China’s current economic growth?

Answer 9

6.9% –> should be above 7%

Question 10

How much do local Zambians get paid by the Chinese?

Answer 10

$53

Question 11

What is China’s electronics business like?

Answer 11

• Innovating and advancing in electronics
• 2nd biggest P.C manufacturer
• Zenevo - now the biggest P.C manufacturer

Question 12

Why has Guangdong experienced a remarkable economic boom in the last 30 years?

Answer 12

1) Government polices - free trade and GDI
2) Geographical advantages - coastal location and close proximity to Hong Kong
3) Huge workforce - 104.4mn

Question 13

What influence does the PRD have on Guangdong?

Answer 13

PRD accounts for 78.9% of Guangdong’s GDP and 72.5% of Guangdong’s retail sales in 2014

Question 14

What is the growth rate of urbanisation?

Answer 14

5%

Question 15

How many Guangdong cities have no sewage treatment?

Answer 15

75%

Question 16

How many days in a year is their brown smog?

Answer 16

130 days

Question 17

What are the economic problems in Guangdong?

Answer 17

-Low wages - US$107 a month

Question 18

How much of UK exports do financial services and business services make up?

Answer 18

One third of exports

Question 19

How attractive is the UK for FDI?

Answer 19

The UK is the 2nd most attractive country in the world for FDI

Question 20

UK migration in 2014

Answer 20

15% of the workforce is foreign born compared to 12.5% in 2006

Question 21

How people do Ikea employ worldwide?

Answer 21

118,000

Question 22

How many countries does Ikea operate in?

Answer 22

35 countries

Question 23

What does Ikea’s HQ control?

Answer 23

Controls a complex network of 1350 supplies spread across 50 countries with two thirds of suppliers are located in Europe

Question 24

How many people work in Ikea’s own furniture manufacturing company?

Answer 24

13,000 in 38 different factories

Question 25

How many people work in the Tae Hwa sports shoe factory?

Answer 25

5250 - 80% are women

Question 26

What is the monthly wage in the Tae Hwa sports shoe factory?

Answer 26

US$72 - the minimum legal rate

Question 27

How long is the working day in the Tae Hwa sports shoe factory?

Answer 27

from 7am to 9pm + overtime is compulsory and often they don't get a day off

Question 28

What renewable energy ideas did Ikea invest in?

Answer 28

- Invested in 224 wind turbines and solar panels which accounted for 42% of all energy used in Ikea stores - All paper is 100% recyclable - PCA taps reduce water by 30%

Question 29

What projects do Ikea invest in?

Answer 29

- Farmer fields schools - 20 weeks training for up to 100,000 farmer + encourage farmers to grow in a sustainable way - No child labour - between 2000-2015 around 10n children in more than 15,000 villages in India and Pakistan benefit from programmes supported by Ikea

Question 30

Which is the most powerful trading bloc?

Answer 30

EU - accounts for 18% of world trade

Question 31

How much trade do LEDC's account for?

Answer 31

The poorest 49 countries account for only 0.4% of world trade

Question 32

How much trade to the top 500 TNC's account for?

Answer 32

Account for 70% of world trade

Question 33

How much of the Uk's merchandise imports and exports are within the EU?

Answer 33

60%

Question 34

How large is Brazil's economy?

Answer 34

10th largest economy in the world

Question 35

How bad is Brazil's income inequality?

Answer 35

1/5 of the population lives in poverty

Question 36

Where do Brazils imports and exports go?

Answer 36

75% of exports and 6% of imports were with South and Central America

Question 37

How much of Burundi exports go to the EU?

Answer 37

50%

Question 38

How many members are in the WTO?

Answer 38

152

Question 39

What is Bangladesh the largest exporter/supplier of?

Answer 39

- Largest exporter of jute | - Largest supplier of t-shirts/shirts to Europe

Question 40

How many garment factories are in Bangladesh?

Answer 40

over 1500 factories that employ around 2mn

Question 41

How much were the UK exports to Bangladesh worth in 2004?

Answer 41

£61mn

Question 42

How much were UK imports worth from Bangladesh in 2004? What was the most imported item?

Answer 42

- £600mn - Ready made garments which have tariff free access to the EU under the generalised system of preferences scheme accounted for 79% of imports

Question 43

What resource was Zambia's trade dependent on?

Answer 43

Copper - in 2002 it accounted for 68% of total exports until the collapse in the international copper price

Question 44

How much of aid is bilateral?

Answer 44

- 75% of aid is bilateral

Question 45

How impoverished are people in Ethiopia?

Answer 45

78% of people struggle with an income below US$2 a day

Question 46

How much money did the Eu commit to Ethiopia? What were the benefits?

Answer 46

- $2.5bn in aid between 1976 and 1994 - Touched almost every sector of the Ethiopian economy - Non-formal education centres set up --> Age 7-14

Question 47

How much aid had been given to Africa?

Answer 47

- Over the past 60 years $1trillion of development aid has been given to Africa yet more than 50% of the population live on less than $1 a day

Question 48

What was the extent of political corruption in Zaire (DRC) and Malawi?

Answer 48

- The president, Mobutu Sese Seko is reputed to have stolen at least $5bn from the country - The former president, Bakili Muluzi, was charged with embezzling aid money worth $12mn

Question 49

How much aid money was given to Haiti?

Answer 49

$100 million from the USA and $330 million from the EU

Question 50

What did the USA send to Haiti?

Answer 50

They sent ships, helicopters, 10,000 troops and search and rescue

Question 51

How many people were placed in aid camps in Haiti?

Answer 51

810,000

Question 52

What shelter was given to Haiti?

Answer 52

115,000 tents and 1,000,000+ tarpaulin shelters provided

Question 53

How many people were provided with food rations after the Haiti earthquake?

Answer 53

4.3million people

Question 54

What did the American Red Cross do during the Haiti earthquake?

Answer 54

They let people donate via text message which raised US$7 million in 24 hours