Developed by María Jesús Campos Fernández, teacher of Geography and History in a bilingual section in Alcorcón (Madrid, Spain). learningfromgeography.wikispaces.com learningfromhistory.wikispaces.com

1. THE TERTIARY
SECTOR: SERVICES.
TRADE
María Jesús Campos Fernández.
learningfromgeography.wikispaces.com

4. Tertiary
Sector
Transport
Tourism
Trade
Telecommunications
Banking
Education and Culture
Healthcare System
Others (lower-end tertiary sector):
domestic work; street vending…

5. Tertiary Sector
 Definition: tertiary sector; services
 Diversity:
 Tertiary sector vs quaternary sector
 Upper-end tertiary sector
 Lower-end tertiary sector
 Characteristics: heterogeneous; intangible and inmaterial; imposible to store; close to the
consumer; low level of mechanisation; expanding; unequal distribution
 Classification:
 Public services
 Distribution services
 Business services
 Consumer services
 Transport
 Tourism
 Trade
 Telecommunications
 Banking
 Education and culture
 Healthcare System

6. Trade

7. Trade
 Definition
 Elements of Trade: Sellers/Retailers, buyers/consumers, goods, a
market (tangible or intangible)
 Types of Trade: Wholesale trade, Retail Trade
 International Trade:
 The balance of trade vs the balance of payments
 Trading blocs
 Spain

8. Elements of Trade
• The products
that are
exchanged
(monetary
value)
• The place
where buying
and selling
takes place.
• People or
companie
s that buy
goods
• People or
companie
s that sell
goods
Sellers/
Retailer
s
Buyers/
Consum
ers
GoodsMarket

9.  Sell products that
are there
 Shops or
supermarkets
 Sell products that
are not there
 Stock markets

16. Types of Trade
Domestic
Trade
International
Trade

17. Domestic Trade
 Companies buy large
amounts of products
directly from the
manufacturer in order to
sell the products on to
the retailers.
 Individual consumers do
not have access to the
markets where
wholesalers buy their
goods
 They sell directly to
consumers.
 It can happen in shops
but also by mail, phone,
television or the Internet
Wholesale trade Retail Trade

18. Domestic Trade: Wholesale
Trade

19. International Trade
 A country (companies)
or buys international
products or services
 A country sells products
and services to other
countries (companies)
Imports Exports
Balance of Trade Balance of Payment
 The difference between
exports and imports:
 Positive
 Negative
 The difference between
the money earned
through exports and
spent in imports

20. International Trade: Balance of
Trade
Exports
Imports
Imports
Exports
Positive Negative

22. International Trade: Balance of
Payment
Positive Negative

25. International Trade: Trading
blocs
 Developed countries
(EU, USA, Canada,
Japan, South Korea)
import raw materials
and energy sources
and export
manufactured
products and
technology.
 Developing
countries and
underdeveloped
countries (parts of
Asia, Africa, South
America) import
manufactures
products and
technology and
export raw materials
and sources of
energy.

26. - Larger market
- More choce plus lower prices
- More investment
- Greater political and economic
stability and cooperation
- Protection against non-members
- Discrimination against non-
members
- Stops free trade
- Small countries have little
bargaining power
Trading Blocs: Pros and Cons

28.  The 3 most important trading blocs are:
 The Western Hemisphere: The North American Free Trade
Agreement (NAFTA) includes the United States, Canada
and Mexico
 Western Europe: The European Union (UE) comprises
most of the countries of Western Europe
 East Asia: cooperation in this area is less formal because
most of the countries have a low level of economic
developtment and because of unpleasant memories of
Japanese military aggression during the 1930s and 1940s.
The most important blocs are ASEAN, South Asian
Association for Regional Cooperation…

45. Developed by María Jesús Campos
learningfromgeography.wikispaces.com
Chusteacher
Wikiteacher
Sources: rocio Bautista Slidehare ppt