International Trade and Aid Flashcards

(47 cards)

1
Q

What is trade

A

Trade Is the buying and sell of goods and services we want and need
Trade involves the exchange of goods or services in return for other goods or services or money

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2
Q

What is it called when countries rely on one another for certain foods

A

Interdependent

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3
Q

Balance of trade

A

The difference between imports and exports

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4
Q

Trade deficit

A

Spending more on imports than is earned on exports

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5
Q

Trade surplus

A

Earring more on exports than is spent on imports

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6
Q

Imports

A

Goods that are bought by one country from other countries

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7
Q

Exports

A

Goods that are sold by one country to other countries

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8
Q

How do trade surpluses and deficits affect a country economy

A

A trade surplus allows the countries economy to grow while trade deficit makes a country poorer

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9
Q

What do MEDCS usually import and export

A

Import= raw materials and primary products
Export=manufactured goods eg. Cars (usually high value/expensive)

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10
Q

What do LEDCS usually import and export

A

Import =manufactured goods
Export=primary products eg. coffee, fruit, mine(gold/diamonds) etc (raw materials)
These exports are usually of low value and cheap

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11
Q

Commodity

A

Something that’s grown or mined from the Earth and then traded on the world market eg. coffee

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12
Q

Cash crop

A

Is crop people grow mainly for export eg, coffee

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13
Q

Manufactured goods

A

Good made in factories

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14
Q

Who are the top 3 coffe producers

A

Brazil(31.5%)
Columbia(11%)
Vietnam(10%)

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15
Q

What sort of things do you need to grow coffee

A

-warm climate (mainly grown in tropics)
-dry weather for harvest
-think it was first discovered in Ethiopia
-global industry

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16
Q

What are the steps of fair trade

A

-The foundation buys coffee beans directly from groups of coffee farmers
-it offers them a fair price for the coffee-enough to live on plus profit
-it pays part of the money in advance, before the coffee is harvested so that farmers don’t run short
-it get’s supermarkets to sell the coffee, stamped with fair trade logo
-people who want to help the coffee farmers can but it and they don’t mind that it costs a bit more

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17
Q
A
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18
Q

What do fair trade farmers offer in return

A

In return for their business fair trade coffee farmers make some promises. Fir example,r to treat their workers fairly abd ti look after the environment

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19
Q

What are so,e example fair trade items

A

-chocolate
-flowers
-tea
-coffee
-cotton
-sugar
-vanilla
-bananas
-wine
-almonds

20
Q

What is aid

A

Lending assistance to countries or communities who are in need

21
Q

What can aid be

A

Aid, assistance or help will normally be financial but I can also take the firm of goods, skills, service and knowledge

22
Q

Who gives aid

A

Typically aid is given by wealthier countries or organisations to those who are less developed

23
Q

Development aid

A

The primary aim is to create long term sustainable economic growth

24
Q

Humanitarian aid

A

The primary aim is to provide emergency relief in times of disaster or crisis

25
Examples of short term aid
-food parcels -blankets and tents -rescue workers -refugee camp -emergency services
26
Long term aid examples
-improving water supply -modernising farming -building a dam -setting up fair trade -training local people
27
What are the four different types of aid
Multilateral Bilateral Emergency Charitable
28
Multilateral
This is money that is given by many countries to organisations such as world health organisation (WHO) and the United Nations (UN). These organisations then decide who gets what aid
29
Bilateral
This is the aid given directly from the government of one country to another. It is often ‘tied’. This means the LEDC has to buy goods from the doner in return eg. Arms and manufactured goods
30
Emergency aid
This is short term aid given to countries to help them cope with the effects of natural disasters, like tsunamis or human events like war
32
Charitable aid
Non-government organisations (NGOs) such as oxfam and practical action collect money for people in LEDCs. This ais is given independently of governments. Money comes from donations made by the public. Theses charities aim to help people in LEDCs help themselves
33
What is water aid
Water aid is a uk based charity that provides water pumps to communities in LEDCs
34
What is water aid an example of
A non-governmental organisation or NGO
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Problem with aid
-aid doesn’t reach the needy -aid creates debt -problems with distribution of aid -problems with the use of the product -aid is unsuitable -aid is tied -export earnings are needs to pay off debts -aid undermines local producers -aid create dependence
35
Positives of aid
-it can save lives after natural disasters by limiting disease and drawing people out who are stuck -raises awareness for the country and boosts funds for future development -can encourage girls to school which impacts society -lower drug crisis if people focus on food farming rather than crops like opium (improves agriculture) -medical assistance can prevent spread of disease eg. Clean water or vaccines
36
How many people in Ghana have no access to clean water
5 million
37
How does water aid work
Water aid supplies the know-how the materials for lining the well and the pump. Everyone in the village joins in to help clear the site,dig and carry soil away. Some villagers are trained to look after the well and carry out repairs. With the help of the uk charity water aid they are digging wells for themselves
38
How much is the cost of a hand dug well vs the cost of Akosombo dam
Hand dug=£1200 Akosombo= over 130million (1960)
39
What does the top handle of the water pump do
Pushing down the handle draw water up the pipe
40
What is the hard dug well lined with
Concrete and steel
41
What dies soil and rock in the water pump do
At the bottom rocks and soil filter the water helping to keep it clean
42
Wha5 dues the water pass through
The water passes through the valves in the plates down the pipe
43
What is an N.I.C
Newly industrialised country
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What are some social effects of water aid
-Teachers happier to stay in the villages to teach -no more quarrels with neighbouring villages about water -people take more pride in the village -cooked food looks much better - clothing and homes kept cleaner -much less time taken to fetch water -less far to walk fir water, so less tired -more young people have time to go to school -much less illness so less spent on medicine
45
What are some economic effects of wateraid
-more young people have time to go to school -much less illness, so less spent on medicine -much less time taken to fetch water -women potters can produce more pots -more people selling iced waters -visitors can be offered clean drinking water -more people cooking food to sell
46
What is arrow to the ground
The water table is the top of the ground water (surface of saturation)
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