Trade agreements (government ideology) Flashcards
1
Q
Sovereign wealth funds
A
Used to invest in other countries, rarely in HIC, mainly from resources
2
Q
China
A
Invests in UK (main SWF destination) in HS2, Canary Wharf and Hinkley Point; Belt and Road initiative but Pakistan can’t repay; 10yr 250% SSA increase as resources and putting in education
3
Q
Special and differential treatment
A
Supports economy of decolonialised countries in trade preference schemes, 2001 EU Everything But Arms Agreement
4
Q
Fair trade
A
El Guabo Banana Association