Going Global Flashcards
How large is the European Union?
28 member states
When was the European Union established? By what treaty?
1993 Maastricht Treaty
When did the A8, former Eastern bloc countries, join to the EU?
2004
Give examples of international organisations that have driven globalisation:
- International Monetary Fund (IMG)
- World Trade Organisation (WTO)
- Asian Development Bank
- World Bank
What is the combined GDP of the European Union?
$18.5 trillion
What is NAFTA? When was it established?
The North American Free Trade Agreement was established in 1994.
Which countries does NAFTA encompass?
The USA, Canada, and Mexico
What is ASEAN?
Association of South East Asian Nations
What is the average economic growth of members of ASEAN?
6%
What are the two main advantages of trade blocs?
- Countries can exploit comparative advantages
- Firms can exploit economies of scale
What Ikea’s annual revenue?
29 billion euros
How many stores does Ikea have? In how many countries?
381 stores in 47 countries
What term describes how the workforce in Ikea is organised internationally?
Spatial division of labour
How many workers are located in Ikea’s franchising division?
7000
What charitable foundation owns Ikea?
Stitching INGKA
How much profit is taken from Stitching INGKA? By who?
600m yearly by Ingvar Kamprad
What is the market capitalisation of Shanghai’s stock exchange?
3.5 trillion
How many export processing zones are in Shanghai? Who first started them?
58 export processing zones started by Deng Xiaoping
How many tonnes of goods does Shanghai Port handle each year?
755 million tonnes
Where is Shanghai ranked on the Global Financial Centres index?
16th of the Global Financial Centres Index
What percentage of the population in Gambia rely on crash crops?
75%
What is Gambia’s GDP per capita?
Less than $500
Who founded EasyJet?
Sir Stelios
When did EasyJet first start offering domestic flights in the UK?
1995
Which company did EasyJet acquire? When did it do this?
EasyJet acquired TEA Basel AG, a Swiss airliner, in 2008.
When did EasyJet start offering flights to Barcelona?
1996
When did EasyJet start offering flights to Tallinn in Estonia?
2004
Where were EasyJet’s first domestic flights?
Luton to Edinburgh and Glasgow
How many visitors does Tallinn receive yearly?
1.5 million
Between 1973 and 1977, to what extent did foreign debts increase? Why?
Foreign debts increased by 150% because of petrodollar recycling
In 2014, what was Volkswagen’s total profit?
10 billion euros
What is GDP per capita in Zambia?
1,800 dollars
How many subsidence farmers are in Zambia?
460,000
What percentage of people in Zambia lack access to clean drinking water?
40%
What percentage of the population has HIV in Zambia?
14%
How rich are Zambia’s copper deposits?
Zambia has the 6th richest copper deposits in the world
How many child soldiers were recruited by Sierra Leone’s Revolutionary United Front?
5,000
How much money did Sierra Leone’s Revolutionary United Front make from selling illegal diamonds?
$100m
How has life expectancy risen in the UK?
48 years in 1900 to 81.5 years in 2012
What percent of GDP does the service sector account for?
78%
How has manufacturing declined in the UK?
Manufacturing contributed 25% of GDP in the 70s, but now only accounts for 11% of GDP
What percentage of the workforce is female? How has this impacted birth rates?
47% of the workforce is female, leading to a fall in birth rates
When was the NHS created?
1946
How is the dependency ratio calculated?
(Children + Pensioners) / (Economically Active Pop) x 100
How much do state pensions cost the government each year?
£75bn
What is the size of the funding gap in the NHS?
£2bn
What is the average age in Christchurch?
69.8 years
What has happened to property prices in Christchurch as a result of inward migration of elderly?
Property prices have risen, so that average house price is now £300,000
How much is the grey pound worth for the UK economy?
£320bn
What percentage of consumer spending comes from the over 60s?
50%
What is the average house price in the UK?
£190,000
What is the average house price in London?
£530,000
How much did property prices grow in 2015?
9.5%
What Act granted commonwealth citizens entrance to the UK?
1948 British Nationality Act
How many Indian doctors were recruited into the NHS in the 1950s?
3,000
How many Carribean migrants had entered the UK by 1960?
172,000
In 2015, how many asylum applications were there into Europe?
1.3 million applications
In 2015, how many migrants died trying to enter Europe?
4,000
What are the main routes into Europe from Africa/Middle East?
- Aegean crossing
- North Africa to Italy
In December 2015, what was the level of air pollution in Shanghai?
265 micrograms per cubic metre
What is the WHO’s recommended level of air pollution?
25 micrograms per cubic metre
How tonnes of waste does Shanghai generate every day?
10,000 tonnes of waste
How far did house prices rise in 2015 in Shanghai?
15%
How has the Chinese government tried to limit car usage in Shanghai?
Government limits number of new license place auctions to 8,000 per month
Who is China’s largest steelmaker?
Baosteel Group
What percentage of Shanghai’s output is heavy industry?
78%
How many homes are in Hanham Hall in Bristol?
168 homes
What London bus route uses hydrogen powered buses? When was this first introduced?
The RV1 bus route has used hydrogen powered buses since 2010
What percentage of the UK population is over the age of 65?
17%
How many British-born pensioners are there in Spain?
80,000
How many sunshine days does Costa Blanca receive each year?
320 days
Why was the cost of living cheap in Spain for British people in the early 2000s?
Pound had high value relative to Euro
What are the two most popular destinations in Spain for British pensioners?
- Costa Blanca
- Costa del Sol
What European Act granted freedom of movement?
Single European Act
In 2003, how much money was raised in Spain via property sales to foreigners?
£4.8bn
How many illegal homes have been built in Marbella?
30,000
What percent of British expats in Spain do not speak Spanish?
60%
When did Poland join the European Union?
May 2004
How many Polish migrants are estimated to be living the UK?
690,000
In 2006, how many Polish workers had registered to live in the UK?
264,500
What was the UK’s unemployment rate in 2004? Why was this significant?
Unemployment rate of 4.8% was a pull factor for Polish migrants
Why did Polish people migrate to the UK over other European countries in 2004?
UK was one of three countries that did not impose restrictions on the numbers coming in
In 2004, how many job vacancies were there in the British economy?
600,000
What is Poland’s GDP per captia compared to the UK?
Poland has a GDP per capita of $13,000 compared to the UK’s GDP per capita of $42,0000
How many Polish migrants settled in the UK following World War Two?
160,000
What is the UK’s minimum wage?
£6.70 an hour
In 2005, what was Poland’s unemployment rate?
18.2% - highest in the OECD
How many houses are there per 1000 people in Poland?
300 houses per 1000 people in Poland
What percentage of Polish migrants were aged between 18 and 34?
80%
What is the male to female split of Polish migrants?
58% male to 42% female
What percentage of Polish migrants work in agriculture?
12%
What percentage of Polish migrants are in full time employment?
97%
What percentage of Polish migrants decided to live in London?
40%
How many Polish migrants are there in rural areas?
120,000 migrants
Where was there already an established Polish community in the UK?
Peterborough
Between 2004 and 2010, how much have Polish migrants contributed to the UK?
£2.5bn
How many lines of Polish food does Tesco offer?
100
How many new dependents have entered in the UK as a result of polish migration?
37,000
How many registered migrants are there in Wrexham in Cheshire? How many are there expected to be in reality?
2300 registered migrants, but 8000 expected in reality
What is the population of Lagos?
16m
How many rural migrants enter Lagos each week?
10,000
What percentage of Lagos’s population live below the poverty line?
70%
How many slum districts are there in Lagos?
100
How many people live in the Makoko slum district in Lagos?
300,000
Where is the Makoko slum district located in Lagos?
On the lagoon
What is the population density in Lagos’ slum districts?
100,000 people per square kilometre
What is Shanghai’s population?
24m
How far did Shanghai’s population grow between 2000 and 2010?
38%
What is China’s gini coefficient?
0.5
What scheme was introduced by the Chinese government in Shanghai to ease poverty? When was it introduced?
The Mining Living Standard Scheme was introduced in 1993.
