international trade and coffee

Question 1

what aspect of international trade is effected by globalisation

Answer 1

globalisation effects the volume and pattern of international trade

Question 2

what is the definition of international trade

Answer 2

the import and export of goods and services between countries

Question 3

which economies the biggest global trader and which are catching up

Answer 3

developed economies are the biggest global traders but emerging economies are slowly catching up

Question 4

who is the biggest global trade

Answer 4

china

why?
lots of manufacturing happens there

Question 5

there has been a rise in fair trade
what is Fair trade

Answer 5

supporting people in less developed countries who manufacture products for more developed countries

Question 6

what is foreign investment

Answer 6

when a person, company or group spends money in another county to get a profit

Question 7

what was investment like before the 1980s compared to now

Answer 7

before the 1980s developed countries invested in other developed countries, since the 1980s developed countries have invested in more less developed and emerging economies

Question 8

emerging economies invest in?

Answer 8

developing counties

eg, china invests in Africa and south America

Question 9

why was the world trade organisation set up

Answer 9

to increase trade and help solve disputes

Question 10

2 rules made by the WTO

Answer 10

treat all countries the same and done give any special treatment

promote free trade

Question 11

what climate is needed to grow coffee

Answer 11

hot, wet, near the equator

Question 12

where is coffee grown?

Answer 12

equator
south America
asia
africa
carribean

Question 13

what are the 2 main types of coffee

Answer 13

robusta

arabica

Question 14

how much of global coffee is arabica coffee

Answer 14

70%

Question 15

coffee is traded globally
what are the patterns of global coffee trade

Answer 15

produced in less developed countries and consumed by developed countries

Question 16

what country is the largest coffee producer

Answer 16

Brazil

Question 17

how much coffee is basil export in 2015

Answer 17

20% of all global coffee

Question 18

what country is the biggest coffee importer

Answer 18

USA

imported 20% of global coffee in 2015.§

Question 19

how many lives if coffee production supporting

Answer 19

coffee production is essential to 125 million people around the world

Question 20

who is coffee trade dominated by

Answer 20

a small number of TNCs

Question 21

how has fair trade helped farmers

Answer 21

created schools for children for are working for their family

empowered women to take up leadership roles

help maintain environmental standards

educate famers about diseases for the coffee and pesticides as well as how to use farming equipment

Question 22

what is fair trade premium

Answer 22

fait trades pays money into a communal fund which small farmers can use which helps local communities to develop.

eg. they can invest inn computers, farming machinery, schools.

Question 23

how much % of money do the coffee farmers get

Answer 23

7-10% of the price of the coffee bought in the supermarket.

Question 24

what aims does the fair-trade foundation have

Answer 24

set the fair-trade minimum price which is the minimum price which consumers have to pay producers which will cover farmers needs and costs to prevent coffee farmers going put of business and falling to poverty

empowering women

schools

education on pesticides and diseases which damage the coffee plants.

Question 25

what is the race to the bottom

Answer 25

TNCS choose to buy the coffee beans from the farmers who are selling the beans at the lowest price. companies that produce coffee compete with each other by cutting wages, environmental protocols and labour regulations to attract the TNCs

Question 26

How much of global coffee trade is in control by just 4 TNCs

Answer 26

40%

Question 27

coffee farms are in less developed countries and TNCs are in developed countries. where does the profit money go

Answer 27

profits are invested in the developed countries rather than the less developed countries

Question 28

negatives with race to the bottom

Answer 28

causes companies to go out of business and fall into poverty

Question 29

who sets global trade rules

Answer 29

WTO

Question 30

what are trading blocs

Answer 30

agreements between countries about trade

Question 31

types of trade blocs

Answer 31

regional - eg. EU specific industry eg.oil

Question 32

where do emerging economies invest in now

Answer 32

less developed countries

Question 33

what is SEZ

Answer 33

specific economic zones areas that have different trade or investment rules to the rest of the country

Question 34

less developed countries and trade

Answer 34

less developed countries trade mainly with emerging economies and developed countries

Question 35

emerging countries and trade

Answer 35

like china and India are increasingly more important in trade chinas manufacturing sector has grown rapidly

Question 36

developed countries and trade

Answer 36

most trade in the world takes place between developed countries

Question 37

who has the most access to markets

Answer 37

developed countries

Question 38

what is access to markets

Answer 38

how easy it is for companies to trade with one another

Question 39

what is access to karts effected by

Answer 39

wealth developed countries put higher tariffs on goods to be imported from less developed countries - this makes its harder for less developed countries to access the market