global trade.png
food aid 2.jpg
remittances.jpg
drug seizure.jpg
india outsourcing.jpg
apple shop.jpg
global trade.png

Global Trade


Describe the global trade in materials, manufactured goods and services

SCROLL DOWN

Global Trade


Describe the global trade in materials, manufactured goods and services

Explore the interactive visualisation below. Click on individual countries to isolate trade patterns. Describe patterns of trade at the global and regional scale. Share interesting country examples.

 

TASK

  1. Explore the data below

  2. Colour and add labels to the map to show patterns and trends in trade of goods and services

  3. Write a paragraph to compare and contrast global trade in goods and services

  4. Read pp 530-532 and add info to your world map

 

TRADE IN MATERIALS & GOODS

Screen Shot 2018-11-08 at 04.55.01.png
Screen Shot 2018-11-08 at 04.55.37.png
 
 

TRADE IN COMMERCIAL SERVICES

Screen Shot 2018-11-08 at 04.54.41.png
Screen Shot 2018-11-08 at 04.56.03.png
 

TASK

  1. In two separate groups, read the summaries for goods and services

  2. Form mixed pairs and explain 2 country-specific examples from the reading

  3. Add this information to your world map

 

EXAM PRACTICE

With a partner, write two topic sentences that describe global trade for a) goods and b) services

Add 3 data points for each of these ideas.

food aid 2.jpg

Aid, Loans & Debt Relief


Describe and explain global patterns and trends of international aid, loans and debt relief

Aid, Loans & Debt Relief


Describe and explain global patterns and trends of international aid, loans and debt relief

International Aid

Click to enlarge

 

Loans

 

Debt Relief

Debt relief or debt cancellation is the partial or total forgiveness of debt, or the slowing or stopping of debt growth, owed by individuals, corporations, or nations.

Countries receiving debt relief

World Bank

 

remittances.jpg

Remittances


International remittances from economic migrants

Remittances


International remittances from economic migrants

Remittances - Money or goods sent home to families by migrant workers
— IMF

TASK: Briefly describe the information shown on the map

 
 

KEY FACTS

  • 1 in 10 people worldwide are directly associated to remittances

  • The US is the world's largest remittance source country

  • Remittances make up to 10% of developing families' incomes

  • Remittance flows have tripled in the last decade

  • Remittances total $582bn in 2015

  • Remittances are 3 times more than the total global aid budget

 
 
 
 

Remittances Case Study: Kerala, South India

 

 

Why remittances are effective at reducing socio-economic disparities:

  • often hard currency/greater value in receiving country

  • increases local spending/boosts local market

  • often shared with extended families/increases standard of living of a large number of individuals

  • large amount of money is transferred/gives large investment fund for communities

  • remittances are stable source of money/reliable for development whereas other forms of investment, such as aid, can vary

  • flows in one direction / does not result in external debt.

 

EXAM PRACTICE

Explain two reasons why remittances are often an effective way of reducing global disparities [4 marks]

e.g. Money goes directly to individuals and families [1], so it can be used to pay for healthcare and education costs

drug seizure.jpg

Illegal Flows


Describe illegal flows such as trafficked people, counterfeit goods & narcotics

Illegal Flows


Describe illegal flows such as trafficked people, counterfeit goods & narcotics

 

Which countries do you think will be involved in these illegal flows? Write down some ideas and share with the class.

Trafficked people

Counterfeit Goods

Narcotics

 
 

TASK

 A3 world map for annotating

A3 world map for annotating

  1. In 3 groups, explore the 3 topics below

  2. Add notes to an A3 world map explaining how countries are connected. Add data.

  3. Make new groups with one person from each topic area

  4. Explain your topic to the group with a focus on countries, data and issues

  5. Use a different colour for each of the topics

 

Human trafficking

  • 21 million victims of trafficking around world

  • 40% of trafficked people do forced labour in factories, restaurants & building sites

  • 53% are exploited in the sex industry

  • 12 countries reported trafficking for organ removal

  • Most trafficking occurs within one country, other forms from low income > high income countries

 
 

Counterfeit Goods

  • Imports of counterfeit and pirated goods worth $456 billion per year (half a trillion dollars)

  • Same value as global drugs trade

  • 2.5% of global imports. 5% of EU imports

Effects

  • US, Italian and French products most affected

  • Counterfeit trade means lost revenues for companies and lower taxes for governments

  • Discourages companies from making expensive research into new products or medicines

  • Most goods originate in middle income countries. China largest top producer of counterfeit and pirated goods

Source

 
 

Narcotics

  • Global market worth half a trillion dollars

  • Second largest illicit market after counterfeit and pirate goods

  • Developing countries most affected

  • Policing of the narcotics trade takes money away from development projects

    Source

cocaine flow map.png
 

LOCAL IMPACTS: HOW ILLEGAL NARCOTICS FLOWS ARE DESTROYING MEXICO'S TOURISM INDUSTRY

 
 
 

TL;DR

(Contains footage that some viewers may find disturbing)

  • Mexican drug cartels are increasingly turning to the extortion of employees involved in the tourism industry.

  • Acapulco has the highest murder rate in Mexico and used to be a globally famous tourist destination.

  • Cancun has seen its murder rate double in 2017 and could soon be another ghost town for tourism, potentially damaging the Mexican tourism industry.

india outsourcing.jpg

FDI & Outsourcing


Foreign Direct Investment (FDI) & outsourcing by transnational corporations (TNCs), and ways in which this networks places and markets

FDI & Outsourcing


Foreign Direct Investment (FDI) & outsourcing by transnational corporations (TNCs), and ways in which this networks places and markets

FOREIGN DIRECT INVESTMENT

FDI involves the investment by a company into the structures, equipment or oganisations of a foreign country.  FDI flows are measured in USD and as a share of GDP. FDI creates stable and long-lasting links between economies.

 
 
 
 

OUTSOURCING

Outsourcing is the business practice of hiring a party outside a company to perform services and create goods that traditionally were performed in-house by the company's own employees and staff. Usually done as a cost-cutting measure, it can affect jobs ranging from customer support to manufacturing to the back office. (Source)

 
 
outsourcing infographic.jpg
 
 

CASE STUDY: OUTSOURCING IN BANGALORE, INDIA

 
 

6 reasons why Bangalore is the outsourcing capital of India

  1. Diverse outsourcing operations

  2. Tech-savvy workforce

  3. Long legacy of tech firms (Texas Instruments 1984)

  4. Proven reputation (IBM, Google, Apple)

  5. Cosmopolitan environment

  6. Major infrastructure improvements

 
 
apple shop.jpg

TNC Strategies & Supply Chains


Two contrasting detailed examples of TNCs and their global strategies and supply chains

TNC Strategies & Supply Chains


Two contrasting detailed examples of TNCs and their global strategies and supply chains

On January 9, 2007 Apple introduced the iPhone. In 2018 Apple became the world’s first trillion dollar company. What are some of the strategies used by Apple that contributed to this success?

 
 

APPLE

TATA

Investigate Apple and Tata, focusing on their company strategies and global supply chains

Create a case study document that includes:

  • 3 facts about the company (Global HQ, net worth, number of employees)

  • A summary of the countries in which it operates

  • A description of its supply chains

  • Strategies for growth (how the company expanded its global market)

Resources:

  • Videos above

  • pp 547-550

 

REVIEW

Using examples, explain the strategies used by transnational corporations (TNCs) to increase their global markets. [12 marks]