Trade & Investment Flashcards
(34 cards)
Example of where increased trade has resulted in decreased inequality
Uganda
% of Uganda’s GDP growth per capita due to trade
3.8%
Example of where inequality has remained despite increased trade
Vietnam
% of developing countries’ merchandise which is now manufactured
80%
Exception to volume of trade increasing each year
2008
N.America, EU, East Asia responsible for what % share of global trade?
80%
What X3 regions are responsible for 80% of global trade
N.America, EU, East Asia
The 49 LDCs are responsible for what % share of global trade
0.9%
Africa is responsible for what % of global trade
2.5%
TNCs originating in the south employ how many workers worldwide
6million
What % of developing country exports go to other developing countries?
50%
Developing countries share of global trade increase (1995-2006)
X3
Example of South-South cooperation
China investment into Africa
What disadvantages are there of LDCs often not being part of trade blocs?
- hurt by protectionism
- subject to tariffs
- difficult to gain competitive market access
Example of trade agreement helping developing nations being scrapped
1990s EU placed tariff on dollar bananas to help ex-colonies
since scrapped
China’s investment in Africa has resulted in how much $$$$ debt being cancelled?
$10billion
what type of trade is being discussed between China and Africa
0-tariff
How much investment has gone into Africa from China into a new oilfield in Angola?
£800million
What fraction of CHina’s oil is from Africa?
1/3
How much has China invested into a new pipeline with Saudi?
$8billion
X2 sources of Timber for China
Gabon and Cameroon
Africa is a source of what fraction of the world’s uranium?
1/3
Africa is a source of what % of the world’s hydroelectric potential power?
40%
China has access to African markets, worth £3bn in trade of Chinese goods, where is its main market?
South Africa