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Global Trade

Subjects / Geography / Economic Systems

Price: £1.95 Duration: 15mins Full topic price: £6.95

Trade is the exchange of goods or services between countries. Some trade is 'visible' trade, where material goods such as foods, raw materials and manufactured goods are bought and sold. Some trade is invisible, where services are exchanged. An example of invisible trade is tourism. This title examines global trade. Trade patterns have had a significant impact on the development of different countries and this is examined in chapter one. Chapter two looks in more detail at the globalisation of trade.

Author: Helen Nurton Publisher: GCSEPod®
Narrator: Stuart Blackburn ISBN: 978-1-84906-263-3
Video ISBN: 978-1-84906-763-8
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Chapters

  1. Trade Patterns
  2. The Globalisation of Trade

Exam Board Relevance

  • Edxcel
  • AQA
  • CEA
  • IGCSE (EdExcel)
  • OCR
  • SQA
  • WJEC
  • IGCSE (CiE)

Includes original GCSEPod image art. Additional pictorial images created by Damon Smith

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Curriculum and Exam Board Information

Key Issues

Titles

Chapters

  • An understanding of the characteristics of transnational companies: advantages of globalisation for TNCs
  • An understanding of the characteristics of transnational companies: case study of one named transnational company, its production structure and global locations
  • An understanding of the characteristics of transnational companies: economic and social effects on the host country
  • An understanding of the terms import, export, surplus and deficit
  • An understanding of why one MEDC is a major contributor to world trade
  • e.g. Car company
  • e.g. Electronics company
  • e.g. plantation or agriculture company
  • The pattern of world trade is dominated by MEDCs
  • The pattern of world trade is increasingly grouped into trading blocs
  • The pattern of world trade shows LEDCs as major contributors to trade in primary products

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