4.1.3 Pattern of trade Flashcards
1
Q
Recent pattern of UK trade
A
2
Q
What countries do developed countries do most of their trade with?
A
Other developed countries
3
Q
What countries do developing countries do most of their trade with?
A
Developed countries
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.