Trade Flashcards
Fair trade
- social movement whose goal is to help producers in developing countries
- focus mainly on agricultural based products
- ethical choice
what is the main goal of free trade?
to increase a nations economic growth
what is the main goal of fair trade?
to improve marginalised people and improve their quality of life
what does free trade focus on?
trade policies between countries
what does fair trade focus on?
commerce among individuals and businesses
what is the transatlantic trade and investment partnership?
free trade agreement currently being negotiated between EU and USA
what is the trans pacific partnership?
free trade agreement negotiated between 12 countries
what is the role of china?
member of a G20 group established in 1999 to allow developing economies to have a voice
the role of china within Africa
- establishing food and retail industries
- loans in exchange for goods e.g cocoa
- developing textile industries
- tourism
- investment in resources and infrastructure
- buying up land for production
latin america
another emerging region
2 distinct trading blocs mercosour and pacific alliance
africas exponential growth
africa is the fastest growing market in the world today
ict creates opportunities for business in africa