AQA A-Level Geography 7037
Water and Carbon Cycles
Hot Desert Systems and LandscapesLandscape
Coastal Systems and LandscapesLandscape
Glacial Systems and LandscapesLandscape
HazardsHazards or ecosystems
Ecosystems Under StressHazards or ecosystems
Global Systems and Global Governance
Changing Places
Contemporary Urban EnvironmentsHuman option
Population and the EnvironmentHuman option
Resource SecurityHuman option
Global Systems and Global Governance
World Trade Patterns and Market Access
- 4 things to know
- Component 2
Overview
Recall questions on growing trade volumes, shifting partners and investment flows, dominant blocs, emerging and less developed economies and their trading relationships, and on differential market access, trading agreements, tariffs and the effects on economic and societal well-being.
What you need to know
Answer each one before you reveal it.
What has happened to foreign direct investment flows as part of economic globalisation?
Name two countries classified as emerging major economies with rapidly growing shares of global trade.
Describe three ways the pattern of world trade has changed as a result of globalisation.
Questions from this subtopic
Each one with the model answer underneath.
- 1
What has happened to the volume of international trade as a result of globalisation in recent decades?
Model answer
The volume of international trade has significantly increased.
- 2
How has the pattern of international trade shifted in terms of trading partners?
Model answer
Emerging economies have risen to become major trading partners, shifting the pattern away from traditional dominance by developed nations.
- 3
What has happened to foreign direct investment flows as part of economic globalisation?
Model answer
Foreign direct investment flows have increased globally.
- 4
Which two economic blocs represent large, highly developed economies that dominate global trade?
Model answer
The United States and the European Union.
- 5
Name two countries classified as emerging major economies with rapidly growing shares of global trade.
Model answer
China and India.
- 6
Which three world regions contain smaller, less developed economies with different trading relationships compared to developed nations?
Model answer
Latin America, southern Asia and sub-Saharan Africa.
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