FACTS Flashcards

1
Q

Examples of FDI

A

Coca-Cola has invested $1.5 billion in the Russian economy. This includes training of the construction of manufacturing plants and improvements to infrastructure

In 2015, a Japanese car manufacturer, Nissan invested £100 million in its car plant in Sunderland in the UK

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2
Q

World’s largest TNC

A

2016 –> Wal-Mart stores with a turnover of $482 billion, which is the equivalent of Poland’s GDP

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3
Q

EU

A
  • 28 countries
  • a population of 510 million
  • GDP (PPP) $19 trillion
  • free migration across borders
  • 2007 - the EU blocked £50 million worth of Chinese made clothes from entering the UK as the annual quota had been filled
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4
Q

World Bank loans and grants

A

in 2014 it distributed US$ 65 billion in loans and grants

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5
Q

Immigrants in London

A

in 2011, the parents of 65% of the babies born in London had been born outside of the UK themselves

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6
Q

Internal migrants

A

in 2013, 750 million internal migrants were living in cities across the world

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7
Q

UK clothing manufacturing

A

by 2015, only 12% of M&S clothing was made in the UK

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