Trade bloc Study guides, Revision notes & Summaries

WGU D080 2023/2024 Update with complete solution Questions Sure Start is starting a new division for rechargeable batteries in different parts of the world. What was the globalization driver of this decision? Competition drivers are about entering new markets to beat competitors. Sure Start has identified a market that does not have a lot of competition since it is a fairly new market. Which type of globalization is represented by Sure Start expanding into South America, Europe, and Asia...

AQA A-level GEOGRAPHY 7037/1 Paper 1 Physical Geography Mark scheme June 2021Level of response marking instructions Level of response mark schemes are broken down into levels, each of which has a descriptor. The descriptor for the level shows the typical performance for the level. There are marks in each level. Before you apply the mark scheme to a student’s answer read through the answer and annotate it (as instructed) to show the qualities that are being looked for. You can then apply t...

Social Studies 10-1: Unit 3 - Economic Globalization Practice Questions and Answers 100% Pass Nationalize - Answer- The taking over of ownership by a government from private businesses Common Market - Answer- An agreement between or among countries that includes the free trade of goods and services and the free movement of capital and labour within the trading bloc International Bank for Reconstruction and Development (IBRD) - Answer- An institution of the World Bank that helps low & mi...

The two components of a climate graph are A. the amount of rainfall and temperature of an area. B. temperature highs and lows for a specific time of year. C. the amount of rain expected in the tourist seasons D. future rainfall and temperature changes caused by global warming. - A. the amount of rainfall and temperature of an area Which of the following regions is most threatened by desertification? A. South America B. Australia C. Europe D. Africa - B. Australia A market...

AFM 131 final exam questions & answers 2023/2024 Country A is an extremely efficient producer of tin. However, its climate and terrain makes it difficult to produce corn. According to the theory of comparative advantage, Country A should: A. produce both tin and corn in order to remain self-sufficient. B. watch the global market to see which product brings the highest price. C. import the resources needed to produce corn. D. concentrate its production on tin and buy corn. - ANSWER-D. ...

Edexcel A-Level Geography- Migration, Sovereignty and Identity Exam Questions And Answers Forced migration - ANS Event caused evacuation (Japan Earthquake 2011) Asylum seeker/refugee - ANS Fear of persecution from war or political climate Voluntary migration - ANS Mostly movement for income and jobs Globalization impact on migration - ANS Social = internet/social media raises job opportunities and viable locations Political = Trade bloc (movement) and human rights (as...

Globalisation - ANSWERSthe ever-increasing integration of world markets into a single world market Multinational company - ANSWERSa company with significant production operations in two or more countries Transfer pricing - ANSWERSan accounting technique through which multinational companies can reduce taxes on profits by selling goods at a low cost internally from a high-tax country to another part of the company in a low-tax country Absolute advantage - ANSWERSwhen a country can produc...

Edexcel GCSE Business Theme 2 2.1.1 Internal growth Where a business grows by selling more products, launching new products or opening more stores. 2.1.1 External growth Where a business grows by taking over or merging with another business. 2.1.1 Market share The percentage of total market sales belonging to one business. 2.1.1 Brand awareness The number of potential consumers who know about a business / product. 2.1.1 Product portfolio The range of products a business has available for sale. ...

ECS3702 EXAM PACK 2023 200+ QUESTIONS AND CORRECT ANSWERS WITH SUMMARISED NOTES. Question 1a Briefly Explain the Following terms (a) Absolute Advantage Absolute advantage is the ability of a country to produce a greater quantity of a good or service with the same quantity of inputs per unit of time, or to produce the same quantity of a good or service per unit of time using a lesser quantity of inputs, than another entity that produces the same good or service. (b) Factor Intensity T...

The BRICS initiative is an economic and diplomatic partnership of Brazil, Russia, India, China and South Africa. This strategic bloc was formed in 2009 and provides its members with the opportunity to work together towards greater economic and diplomatic objectives. South Africa is the most recent addition to the BRICS group and its economy is the smallest among the members. Despite this, South Africa's inclusion has provided the bloc with significant opportunities, not least in terms of creati...