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Edexcel Geography (AS) > Going Global > Flashcards

Flashcards in Going Global Deck (110)
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1

How large is the European Union?

28 member states

2

When was the European Union established? By what treaty?

1993 Maastricht Treaty

3

When did the A8, former Eastern bloc countries, join to the EU?

2004

4

Give examples of international organisations that have driven globalisation:

- International Monetary Fund (IMG)
- World Trade Organisation (WTO)
- Asian Development Bank
- World Bank

5

What is the combined GDP of the European Union?

$18.5 trillion

6

What is NAFTA? When was it established?

The North American Free Trade Agreement was established in 1994.

7

Which countries does NAFTA encompass?

The USA, Canada, and Mexico

8

What is ASEAN?

Association of South East Asian Nations

9

What is the average economic growth of members of ASEAN?

6%

10

What are the two main advantages of trade blocs?

- Countries can exploit comparative advantages
- Firms can exploit economies of scale

11

What Ikea's annual revenue?

29 billion euros

12

How many stores does Ikea have? In how many countries?

381 stores in 47 countries

13

What term describes how the workforce in Ikea is organised internationally?

Spatial division of labour

14

How many workers are located in Ikea's franchising division?

7000

15

What charitable foundation owns Ikea?

Stitching INGKA

16

How much profit is taken from Stitching INGKA? By who?

600m yearly by Ingvar Kamprad

17

What is the market capitalisation of Shanghai's stock exchange?

3.5 trillion

18

How many export processing zones are in Shanghai? Who first started them?

58 export processing zones started by Deng Xiaoping

19

How many tonnes of goods does Shanghai Port handle each year?

755 million tonnes

20

Where is Shanghai ranked on the Global Financial Centres index?

16th of the Global Financial Centres Index

21

What percentage of the population in Gambia rely on crash crops?

75%

22

What is Gambia's GDP per capita?

Less than $500

23

Who founded EasyJet?

Sir Stelios

24

When did EasyJet first start offering domestic flights in the UK?

1995

25

Which company did EasyJet acquire? When did it do this?

EasyJet acquired TEA Basel AG, a Swiss airliner, in 2008.

26

When did EasyJet start offering flights to Barcelona?

1996

27

When did EasyJet start offering flights to Tallinn in Estonia?

2004

28

Where were EasyJet's first domestic flights?

Luton to Edinburgh and Glasgow

29

How many visitors does Tallinn receive yearly?

1.5 million

30

Between 1973 and 1977, to what extent did foreign debts increase? Why?

Foreign debts increased by 150% because of petrodollar recycling