Trade

Question 1

Fair trade

Answer 1

• a social movement whose goal is to help producers in developing countries
• focus mainly on agricultural based products
• ethical choice

Question 2

what is the main goal of free trade?

Answer 2

to increase a nations economic growth

Question 3

what is the main goal of fair trade?

Answer 3

to improve marginalised people and improve their quality of life

Question 4

what does free trade focus on?

Answer 4

trade policies between countries

Question 5

what does fair trade focus on?

Answer 5

commerce among individuals and businesses

Question 6

what is the transatlantic trade and investment partnership?

Answer 6

free trade agreement currently being negotiated between EU and USA

Question 7

what is the trans-pacific partnership?

Answer 7

free trade agreement negotiated between 12 countries

Question 8

what is the role of china?

Answer 8

member of a G20 group established in 1999 to allow developing economies to have a voice

Question 9

the role of china within Africa

Answer 9

• 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

Question 10

latin america

Answer 10

another emerging region

2 distinct trading blocs mercosour and pacific alliance

Question 11

africas exponential growth

Answer 11

africa is the fastest growing market in the world today

ict creates opportunities for business in africa