Trade

Question 1

What is the trend in volume in international trade

Answer 1

international trade occurring more than ever, global exports gradually increasing, world exports in manufactured goods increased from 8 tril in 2006 to 11 tril in 2016

Question 2

What is the trend in volume of global investment

Answer 2

increasing. FDI risen from 400 bil to 1500 bil in 20 years

Question 3

What does FDI stand for

Answer 3

foreign direct investment

Question 4

What is FDI?

Answer 4

an investment made by a company or individual in one country in business interests in another country, in the form of either establishing business operations or acquiring business assets in the other country, such as ownership or controlling interest in a foreign company.

Question 5

How have patterns of trade and investment changed over time and why?

Answer 5

Trading and investments used to be heavily concentrated within the most developed countries .Investments are now mainly concerned with High Income Countries investing into Low Income Countries due to the profits that can be made from lower labour costs etc.

Question 6

What is another reason for investment patterns changing and an example

Answer 6

emerging economies are beginning to invest
in low income countries , causing these emerging economies to rapidly develop. For example,
China invests a lot of money into Africa.

Question 7

What are some arising patterns in international trade?

Answer 7

Although high income countries remain the
largest exporters, many emerging economies are
also arising as huge exporters, such as China (the
world’s largest exporter). Developing economies’
share of world merchandise trade is currently at 41%.

Question 8

Who is the world largest exporter?

Answer 8

China