This document discusses patterns of international trade and trade groupings. It identifies key topics like changes in trade flows between developed and developing countries and the potential impact of emerging economies like China and India. It also examines the volume of world trade exports and GDP from 1950 to 2008, differences between export and GDP growth, and the composition of different geographical regions and trade groupings like ASEAN, NAFTA, EU, and WTO. Students are assigned research on individual trade groupings to analyze size, membership, origins, and economic impacts.
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Patterns of trade between developed and developing countries
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4. Volume of world trade merchandise exports & GDP 1950 -2008 Annual % change Use your whiteboard - compare the changes of exports and GDP over from 1950 – 2008 (4 marks)
5. Volume of world trade merchandise exports & GDP 1950 -2008 Annual % change Use your whiteboard - compare the changes of exports and GDP over from 1950 – 2008 (4 marks) Difference between exports & GDP What type of relationship is there? Is this a volatile or stable market?
6. Volume of world trade (annual % change) Exports Imports Use your whiteboard - compare the changes for imports and exports from 2000 - 08 (4 marks)
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