100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
(CIEGeography9696) Global Interdependence Notes $7.14   Add to cart

Study guide

(CIEGeography9696) Global Interdependence Notes

4 reviews
 1383 views  23 purchases
  • Course
  • Institution
  • Book

This document contains revision notes for the "Global Interdependence" topic from section "Advanced Human Geography Options." (Cambridge International AS and A level Geography) (These notes are suitable for CIE Geography A2 Level Human paper this June) Syllabus 9696

Preview 3 out of 35  pages

  • April 6, 2019
  • 35
  • 2018/2019
  • Study guide

4  reviews

review-writer-avatar

By: 18irw28 • 1 year ago

review-writer-avatar

By: yinyan • 2 year ago

review-writer-avatar

By: janaalsadiq • 2 year ago

review-writer-avatar

By: teacherwaitkj • 4 year ago

avatar-seller
1


Global Interdependence notes
Advanced Human Geography Options
Cambridge International AS and A Level Geography
For Syllabus 9696



Trade flows + patterns

Visible + invisible trade (imports & exports)

Trade is exchange of goods + services for money. Origin + basis of global Interdependence =
trade. Global trading system developed during European Colonial expansion 1492. LICs
exported primary products, agriculture, minerals while EU + N. America exported
manufacturing goods. This lasted until post WW2 period.

Trade vital element for growth of global economy, trade = 30% GDP (*3 larger than 1960).

Trade occurs as resources unevenly distributed across Earth's surface. Purchase of goods +
trade of services between countries. Goods from other countries = imports. Goods sold other
countries = exports. They are basis of trade, difference in value country's imports + exports =
balance of trade.

Trade deficit = value of imports exceeds exports. Country can use loans to make up for
difference (bad in long run). Reduces GDP.
Trade surplus = exports exceed imports. Contributes GDP.

Visible trade = items that physical (raw materials, oil, gold, cars etc…)
Invisible trade = services like travel + tourism, business + financial services.

Global patterns + inequalities in trade flows

Value global goods increased $8 trillion (2003) $18.5 trillion (2013). Value World trade in
services = ¼ global trade in goods. 2008 financial crisis caused dip in world trade, trade services
dipped less.

China biggest merchandise trader in 2013, imports + exports $4,159 billion. China trade surplus
$259 billion (2.8% GDP). US got imports + exports $3,909 billion. US had trade deficit $750

,2


billion (4.5% GDP). Top 10 traders in merchandise = 52% Worlds trade 2013. Countries
increased trade like China, Korea, Mexico, Brazil, Thailand etc…

Trading positions of Holland, Belgium, Switzerland. Least developed countries = total export
1.1% compared to 75% of top 20 countries.




2014 Map above has clear spatial patterns:
- Every country in Africa lowest class ($250 billion), also most countries M. East, W + C.
Asia, L. America + E. Europe.
- Brazil + Mexico only countries outside
lowest class.
- Countries S.E. Asia lower two classes,
Australia + New Zealand.
- Major trading = N. America, EU + E.
Asia. Also, Russia, India + Saudi Arabia.

, 3




US firmly in leading position global trade commercial services, like exporter. Surprising facts:
- UK second largest exporter.
- Japan not significant in trade in services as for merchandise.
- India top 10 for exports + imports.

Top 10 countries in world trade in commercial services represented half commercial service
trade 2013. LDCs grew avg. 14% per year 2,000-2,013. Like:
- Cambodia (leading LDC tourist destination).
- Ethiopia (expansion air transport services).

Increase very low, LDCs only 0.7% in 2013. Trend in global share of trade in commercial services
declining share N. America + Europe + increasing share Asia. 2005-2013 Asia's commercial
exports service rose 21.7% to 26.2%. Europe's share fell 51.8% to 47.2%.

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller noteshelp4u. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $7.14. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

75632 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$7.14  23x  sold
  • (4)
  Add to cart