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GEOGRAPHY A LEVEL EDEXCEL PAPER 2 QUESTIONS AND ANSWERS WELL ANSWERED A+ €32,33
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GEOGRAPHY A LEVEL EDEXCEL PAPER 2 QUESTIONS AND ANSWERS WELL ANSWERED A+

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Anti-globalisation/deglobalisation - Answer-Cultural erosion (alongside concerns about migration, economic exploitation, deindustrialisation, and environmental damage) is leading to anti-globalisation and de-globalisation movements. Global culture opposition and resistance: France - Answer-Franc...

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  • 17 april 2024
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GEOGRAPHY A LEVEL EDEXCEL
PAPER 2
Globalisation - Answer-The growing interdependence of countries, people and cultures
worldwide through increasing connections including trade in goods and services and
flows of capital, technology and ideas/

Shrinking world - Answer-Although physical distances around the world are unchanged,
technology has massively reduced the time it takes to trade, travel, and communicate
globally.

Transport developments for globalisation - Answer-- Railways
- Aircraft
- Containerisation

ICT developments for globalisation - Answer-- Mobile phones/telephones
- The internet
- GIS/GPS
- Broadband/fibre optics

Political and economic organisations - Answer-1. World bank
2. International monetary fund (IMF)
3. World Trade Organisation (WTO)

Why were political and economic organisations needed post WW2? - Answer-Following
the second-world-war, the economically weak western nations wanted to prevent the
spread of communism from the east, which they saw as a threat. These organisations
were established for economic development, and to control and oversee international
agreements.

Trade restrictions - Answer-- Tariffs
- Quotas
- Embargo
- Subsidies

Tariffs - Answer-A tax placed on goods that are imported from other countries

Quotas - Answer-A limit placed on the number of goods that are imported from other
countries

Embargo - Answer-A ban placed on certain goods imported from other countries

Subsidies - Answer-A sum of money granted by the government to help an industry or
business keep the price of goods low

,WTO goal - Answer-The WTO wants to eradicate barriers to trade

Free Trade - Answer-Trade without any restrictions

Free Trade process - Answer-1. Governments take away barriers that make trade more
difficult and costly.
2. As coasts are reduced, TNCs will see a profit and want to invest in nations.
3. TNCs will bring new ideas, products, cultures, etc. to a nation
4. Also the TNC will generate wealth.
5. Their wealth and development will increase standard of life and demand for foreign
products.
6. As an economy has more TNCs, they become more interconnected and
interdependent for each other.

Trading Blocs - Answer-Countries which group together to improve their economic
interest and trading patterns. They often do this by placing barriers to trade with
countries outside the group.

NAFTA - Answer-North American Free Trade Agreement
- USA, Mexico, Canada
- Population = 472m
- Combined GDP (PPP) = $20.2 tn

EU - Answer-European Union
- Population = 508m
= GDP (PPP) $19 tn

MERCOSAR - Answer-Southern Common Market
- Six full members
- Population = 289m
- GDP (PPP) $4 tn
- South America

OPEC - Answer-Organisation of petroleum exporting countries
- A group of 12 major oil producing countries
- African, South American, and Middle Eastern members
- Control around 2/3 of global oil reserves
- They can make sure they get a fair price from oil consuming countries

ASEAN - Answer-Association of South East Asian Nations
- 10 countries formed in 1967
- Combined population of 625 million
- Combined GDP (PPP) = $3.6 tn
- Seventh largest economy in the world

,Social positives of trading groups - Answer-- Withing social and political unions people
are often free to live and work in the country of their choice within the union.
- Living standards go up as trade prospers

Social negatives of trading groups - Answer-- With relaxed borders it is easier for illegal
immigrants to move around within the bloc
- Legislation can limit workers as well as protect them

Economic positives of trading groups - Answer-- Trade blocs protect the are'as
economy from competition
- Free trade within the bloc
- Market access and trade creation
- Economies of scale
- Jobs may be created as a consequence of increased trade between member
economies
- Firms inside the bloc are protected from cheaper imports from outside.
- Inefficient producers within the bloc can be protected from more efficient ones outside
the bloc.
- Being within a trading bloc encourages FOREIGN DIRECT INVESTMENT from TNCs
- Trading blocs can help companies grow

Economic negatives of trading groups - Answer-- The benefits of global free trade can
be lost as countries concentrate trade withing their trade area or bloc
- Trade blocs cost money

Environmental positive of trading groups - Answer-Social and economic unions can set
high environmental standards

Environmental negative of trading groups - Answer-Trading blocs increase food miles
as the cheapest product within the bloc will be the most traded.

Political positives of trading groups - Answer-- Weaker disadvantaged peripheral
regions can be supported by the stronger areas.
- The incentives of trade and political cooperation help to reduce the chances of violent
conflict.
- Giving smaller, individual countries greater political influence when dealing with other
nations.

Political negatives of trading groups - Answer-- Trade wars
- Non-member countries of the trade bloc will be ostracised
- Loss of some financial controls to a central authority
- Trading blocs add another layer of government which costs money and add
complications for countries making their own decisions
- Loss of sovereignty
- Some smaller regions don't like big government and this has led the drive to
SEPERATISM

, Foreign Direct Investment (FDI) - Answer-an investment made by a company based in
one country, into a company based in other countries (money, people...)

Types of foreign direct investment - Answer-- Offshoring
- Foreign Merging
- Foreign Acquisition
- Transfer Pricing

Offshoring - Answer-Some TNCs build their own production facilities in 'offshore' low-
wage economies.

Foreign Merging - Answer-Two firms in different countries join forces to create a single
entity

Foreign acquisitions - Answer-When a TNC launches a takeover of a company in a
different country.

Transfer Pricing - Answer-Some TNCs have sometimes channelled profits through a
subsidiary company in a low-tax county.

Government policies encouraging globalisation - Answer-- Neoliberalism
- Privatisation
- Enterprise Zones

New Global Regions - Answer-Developing/emerging economies

Privatisation - Answer-Allowing foreign investors to gain a stake in privatised national
services and infrastructure.

Neoliberalism beliefs - Answer-- Government intervention is markets impedes economic
development.
- As wealth increases, trickle down will take place from the richest to the poorest.

Open Door Policy (1978) - Answer-Deng realised that China needed Western
technology and investment, and opened the door to foreign businesses who wanted to
set up in China.

SEZ - Answer-Special Economic Zones in China, similar to UK enterprise zones.

Open Door Policy timeline - Answer-1. In 1978 Deng Xiaoping Began the open door
policy.
2. The first reforms were in rural areas - agricultural communes were dismantled and
farmers were allowed to make a small profit.
3. At the same time (around 1979) the One Child Policy was also introduced. This
curbed the rapidly growing population.

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