4.1.3 Pattern of trade Flashcards

1
Q

Recent pattern of UK trade

A
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2
Q

What countries do developed countries do most of their trade with?

A

Other developed countries

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3
Q

What countries do developing countries do most of their trade with?

A

Developed countries

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4
Q

How has the growth of trading blocs contributed to changes in world trading patterns?

A

For example, the EU originally had 6 member states in 1950s, and had grown to 28 members by 2013. As a result, there has been increased trade between members.

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