Flows of product Flashcards

1
Q

What does ‘flows of product’ mean?

A

Trade between countries or regions

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2
Q

Today, what percentage of total global production is exported?

A

around 25%

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3
Q

When were the two waves of globalisation?

A

19th century - WW1 (IR)
After WW2

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4
Q

What percentage of the value of global exports comes from foreign inputs?

A

30%

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5
Q

What regions have the least exported goods?

A

Africa, south America (excl. Brazil).

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6
Q

What regions have the highest exported goods?

A

Russia, USA, Canada, Western Europe, India

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7
Q

How has global exports changed since 1913?

A

Grown exponentially.
Nearly 5000% (50x) of the amount of trade since 1913

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8
Q

What countries have the highest money made from exports? (proportion)

A

Malaysia, Papua new Guinea, Vietnam, Netherlands

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9
Q

How has rich-rich trade changed from the 1800s to 2014?

A

Mostly declining.
Around 80% to around 30%
Still the highest amount of trade

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10
Q

How has non-rich-rich trade changed from the 1800s to 2014?

A

Has been increasing since around 1860

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11
Q

How has non-rich-non-rich trade changed from the 1800s to 2014?

A

Increasing more recently, around 1960.
Significant in 2000s to around 25%

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12
Q

What countries have the highest value imports?

A

Canada, US, Japan, Mexico, India, Western Europe

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