Globalisation Case Studies Flashcards
(229 cards)
What percentage of the population uses the internet?
66%
This highlights the widespread access to digital technology.
What percentage of global sales are conducted online?
20%
Reflects the growing importance of e-commerce in the global economy.
What percentage of the world’s trade is carried by sea?
Over 90%
Indicates the critical role of maritime transport in global trade.
How many people flew on commercial air flights in 2023?
Over 4 billion
Shows the scale of air travel in the globalized world.
From how many countries do iPhones include components?
Over 30 countries
Illustrates the complexity and globalization of supply chains.
Where are iPhones assembled?
In China
Highlights China’s role as a major manufacturing hub.
What percentage of its total fish production does Pakistan export?
20%
What organization has modernized the fishing sector in Pakistan?
World Trade Organization (WTO)
Why did the EU and US previously ban Pakistan seafood?
Non-compliance with sanitary standards
What has the WTO helped improve in the context of Pakistan’s seafood?
Compliance with sanitary standards
What type of programs has the WTO caused to be enhanced for Pakistani fishermen?
Training programs to improve fishing skills
What practices has the WTO encouraged in the fishing sector?
Sustainable practices
Implementing sustainable practices in fishing may require changing traditional methods and _______.
expensive new infrastructure
What was the percentage increase of cotton products exported from Guatemala in 2022?
2%
The exports were valued at $80 million.
What action did Guatemala take regarding tariffs on cotton imports?
They illuminated tariffs on cotton imports
This action enhanced market access.
What was the total value of cotton imported by Guatemala?
$400 million
This led to a significant trade deficit.
What impact did cotton imports have on employment opportunities in Guatemala?
Increased employment opportunities
These opportunities rely on imported cotton.
What environmental benefits were noted in the cotton industry in Guatemala?
Reduced pesticides and water usage
These reductions are significant for sustainable agriculture.
What percentage of the population in Guatemala earns 60% of the income?
20%
This statistic highlights the issue of rural poverty.
What significant foreign market entry was enabled by Vietnam’s WTO accession?
Microsoft
This highlights Vietnam’s integration into global markets.
By how much did Foreign Direct Investment (FDI) rise in Vietnam due to WTO membership?
Over $2 billion
This indicates a positive impact on Vietnam’s economy.
How many workers are employed in Vietnam’s ICT sector?
300,000 workers
This demonstrates the growth of the technology sector in Vietnam.
What is the average wage for workers in Vietnam’s ICT sector?
$250 a month
This reflects the cost of labor in Vietnam.
What is a significant issue regarding language skills in Vietnam?
There is a shortage of English speakers
This poses challenges for international business.