Globalisation Flashcards

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1
Q

How many members does the WTO have?

A

157

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2
Q

How many companies does the Tata Group have?

A

100 companies with each of them operating independently

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3
Q

How many countries does the Tata Group operate in?

A

80 countries which receive 58% of its revenue

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4
Q

What is the Tata Groups presence in the UK?

A
  • Jaguar and Land Rover bought by Tata Motors for $2.5bn in 2008
  • Tetley Groupby Tata Tea for $430mn in 2000
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5
Q

How many people live in a around Bangalore?

A

10mn people

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6
Q

How many Technology companies are registered in Bangalore?

A

120

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7
Q

How many millionaire are there in Bangalore?

A

13,000

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8
Q

What % of global trade did China have in 2013?

A

38.1%

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9
Q

What is China’s current economic growth?

A

6.9% –> should be above 7%

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10
Q

How much do local Zambians get paid by the Chinese?

A

$53

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11
Q

What is China’s electronics business like?

A
  • Innovating and advancing in electronics
  • 2nd biggest P.C manufacturer
  • Zenevo - now the biggest P.C manufacturer
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12
Q

Why has Guangdong experienced a remarkable economic boom in the last 30 years?

A

1) Government polices - free trade and GDI
2) Geographical advantages - coastal location and close proximity to Hong Kong
3) Huge workforce - 104.4mn

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13
Q

What influence does the PRD have on Guangdong?

A

PRD accounts for 78.9% of Guangdong’s GDP and 72.5% of Guangdong’s retail sales in 2014

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14
Q

What is the growth rate of urbanisation?

A

5%

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15
Q

How many Guangdong cities have no sewage treatment?

A

75%

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16
Q

How many days in a year is their brown smog?

A

130 days

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17
Q

What are the economic problems in Guangdong?

A

-Low wages - US$107 a month

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18
Q

How much of UK exports do financial services and business services make up?

A

One third of exports

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19
Q

How attractive is the UK for FDI?

A

The UK is the 2nd most attractive country in the world for FDI

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20
Q

UK migration in 2014

A

15% of the workforce is foreign born compared to 12.5% in 2006

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21
Q

How people do Ikea employ worldwide?

A

118,000

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22
Q

How many countries does Ikea operate in?

A

35 countries

23
Q

What does Ikea’s HQ control?

A

Controls a complex network of 1350 supplies spread across 50 countries with two thirds of suppliers are located in Europe

24
Q

How many people work in Ikea’s own furniture manufacturing company?

A

13,000 in 38 different factories

25
Q

How many people work in the Tae Hwa sports shoe factory?

A

5250 - 80% are women

26
Q

What is the monthly wage in the Tae Hwa sports shoe factory?

A

US$72 - the minimum legal rate

27
Q

How long is the working day in the Tae Hwa sports shoe factory?

A

from 7am to 9pm + overtime is compulsory and often they don’t get a day off

28
Q

What renewable energy ideas did Ikea invest in?

A
  • Invested in 224 wind turbines and solar panels which accounted for 42% of all energy used in Ikea stores
  • All paper is 100% recyclable
  • PCA taps reduce water by 30%
29
Q

What projects do Ikea invest in?

A
  • Farmer fields schools - 20 weeks training for up to 100,000 farmer + encourage farmers to grow in a sustainable way
  • No child labour - between 2000-2015 around 10n children in more than 15,000 villages in India and Pakistan benefit from programmes supported by Ikea
30
Q

Which is the most powerful trading bloc?

A

EU - accounts for 18% of world trade

31
Q

How much trade do LEDC’s account for?

A

The poorest 49 countries account for only 0.4% of world trade

32
Q

How much trade to the top 500 TNC’s account for?

A

Account for 70% of world trade

33
Q

How much of the Uk’s merchandise imports and exports are within the EU?

A

60%

34
Q

How large is Brazil’s economy?

A

10th largest economy in the world

35
Q

How bad is Brazil’s income inequality?

A

1/5 of the population lives in poverty

36
Q

Where do Brazils imports and exports go?

A

75% of exports and 6% of imports were with South and Central America

37
Q

How much of Burundi exports go to the EU?

A

50%

38
Q

How many members are in the WTO?

A

152

39
Q

What is Bangladesh the largest exporter/supplier of?

A
  • Largest exporter of jute

- Largest supplier of t-shirts/shirts to Europe

40
Q

How many garment factories are in Bangladesh?

A

over 1500 factories that employ around 2mn

41
Q

How much were the UK exports to Bangladesh worth in 2004?

A

£61mn

42
Q

How much were UK imports worth from Bangladesh in 2004? What was the most imported item?

A
  • £600mn
  • Ready made garments which have tariff free access to the EU under the generalised system of preferences scheme accounted for 79% of imports
43
Q

What resource was Zambia’s trade dependent on?

A

Copper - in 2002 it accounted for 68% of total exports until the collapse in the international copper price

44
Q

How much of aid is bilateral?

A
  • 75% of aid is bilateral
45
Q

How impoverished are people in Ethiopia?

A

78% of people struggle with an income below US$2 a day

46
Q

How much money did the Eu commit to Ethiopia? What were the benefits?

A
  • $2.5bn in aid between 1976 and 1994
  • Touched almost every sector of the Ethiopian economy
  • Non-formal education centres set up –> Age 7-14
47
Q

How much aid had been given to Africa?

A
  • Over the past 60 years $1trillion of development aid has been given to Africa yet more than 50% of the population live on less than $1 a day
48
Q

What was the extent of political corruption in Zaire (DRC) and Malawi?

A
  • The president, Mobutu Sese Seko is reputed to have stolen at least $5bn from the country
  • The former president, Bakili Muluzi, was charged with embezzling aid money worth $12mn
49
Q

How much aid money was given to Haiti?

A

$100 million from the USA and $330 million from the EU

50
Q

What did the USA send to Haiti?

A

They sent ships, helicopters, 10,000 troops and search and rescue

51
Q

How many people were placed in aid camps in Haiti?

A

810,000

52
Q

What shelter was given to Haiti?

A

115,000 tents and 1,000,000+ tarpaulin shelters provided

53
Q

How many people were provided with food rations after the Haiti earthquake?

A

4.3million people

54
Q

What did the American Red Cross do during the Haiti earthquake?

A

They let people donate via text message which raised US$7 million in 24 hours