GEOGUNIT3: Development- Trade flows

Trade flows

• Increasing exports can help a country to narrow the development gap.
• Traditionally, North-South trade flows have focused on developing countries exporting primary products such as minerals andagricultural produce.
• however, in the last 20 years devloping countries have moved into manufacturing- about 80% of their merchandise exports arenow manufactured products.
• There has been an increase in service exports from developing countries aswell.
• This increase has meant a change in…