Economic trading blocs Study guides, Revision notes & Summaries

MNG4804 INT4801 ASSESSMENT 1 2024 Discuss ways in which international trade can recover from the ravages of the COVID-19 pandemic. In your answer, explain the WTO’s trade strategies to open markets, improve the employment rate and boost the African economy. (20 marks) key drivers of globalisation that may increase the supply chain links between Southern African economies the impact of culture in Africa on multinational corporations, whether it is perceived positively as a source o...

MARKETING IN AFRICA (MNM2615) SU 1: MARKETING IN AN AFRICAN CONTEXT The Impact of Regional Economic Communities on Africa’s Marketing Strategies • RECs in Africa a group of individual countries in sub regions that have come together for the purpose of achieving greater economic integration. • The main aim of RECs is to improve cross-border exchange of goods in order to improve the community’s economy. • The key roles are to ensure peace, security and stability in the countries....

MNG4804 INT4801 ASSESSMENT 1 2024 Discuss ways in which international trade can recover from the ravages of the COVID-19 pandemic. In your answer, explain the WTO’s trade strategies to open markets, improve the employment rate and boost the African economy. (20 marks) key drivers of globalisation that may increase the supply chain links between Southern African economies the impact of culture in Africa on multinational corporations, whether it is perceived positively as a source o...

MNM2615 SUMMARY MARKETING IN AFRICA SU 1: MARKETING IN AN AFRICAN CONTEXT The Impact of Regional Economic Communities on Africa’s Marketing Strategies • RECs in Africa a group of individual countries in sub regions that have come together for the purpose of achieving greater economic integration. • The main aim of RECs is to improve cross-border exchange of goods in order to improve the community’s economy. • The key roles are to ensure peace, security and stability in the c...

Globalisation Increased interdependence between countries and the rapid rate of change it brings about Factors contributing to globalisation (5) Improvements in infrastructure (Quicker, more reliable and cheaper methods enabling production) Improvements in IT and communication (Allows global operations) Trade Liberalisation (Reduces protectionism and makes trade cheaper - specialisation) International financial markets (Raising money and transferring it globally) TNCs (Low p...

Globalisation - Answer Increasing inter-connectiveness of the world economically, culturally and politically TNC - Answer Trans-national corporation MNC - Answer Multi-national corporation FDI - Answer Foreign direct investment Economic Causes for Accelerated Globalisation (4) - Answer - Increase in number and influence of TNCs - Online purchasing - Countries invest into each other through FDI - Trading stocks and exchange of currencies Political Causes for Accelerate...

BRICS - Brazil, Russia, India, China & South Africa Indicators of growth - Statistics that show the extent to which a country is increasing in size Equation of GDP - National income/population Business specialisation - When businesses concentrate on producing specific goods Foreign direct investment - Investment made by a business from one country into the production of a business from another country Globalisation - The increased integration and interdependence ...

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...

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...

AQA A-level GEOGRAPHY 7037/2 Paper 2 Human Geography Mark scheme June 2020 Version: 1.0 Final A-level GEOGRAPHY 7037/2 Paper 2 Human Geography Mark scheme June 2020 Version: 1.0 Final Mark Scheme *206A7037/2/MS* Mark schemes are prepared by the Lead Assessment Writer and considered, together with the relevant questions, by a panel of subject teachers. This mark scheme includes any amendments made at the s...