World Trade
- Created by: Danny hamer
- Created on: 17-05-13 12:40
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- World Trade
- Negatives
- L.E.D.C's only get a small % of profit from products sold
- M.E.D.C's get 3/4 of the profit made overall
- Unfair
- Farmers in the Eu and USA have a powerful political voice
- Protected by quotas
- Farmers in the Eu and USA have a powerful political voice
- L.E.D.C's only get a small % of profit from products sold
- Positives
- High amount of profit for M.E.D.C's
- Provides jobs for people to work on farms in L.E.D.C's
- Fair trade helps farmers in developing countries get a better deal
- an example of sustainable development
- Trading blocs
- E.G. The EU
- Positives
- Protects products within the trading bloc
- Helps countries within Trading bloc develop faster
- E.G Poland
- Negatives
- L.E.D.C's find it hard to trade with countries within the barrier
- L.E.D.C's find it hard to develop
- L.E.D.C's find it hard to trade with countries within the barrier
- Negatives
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