Gloub groupings of countries

HideShow resource information

NIC- Asian Tigers: Hong Kong, Singapore, South Korea and Taiwan and Mexico, China, Brazil and India

  • produce cheap goods for the world
  • compete for commodities and natural resoucres
  • major area for FDI
  • become consumer markets themselves

OPEC- Organisation for Petroleum Exporting Countries eg Algeria, Iran, Iraq, Libya, Nigeria, Saudi Arabia, UAE

  • operate a cartel to control oil prices
  • aim to bring stability to world oil market by achieving a


No comments have yet been made

Similar Geography resources:

See all Geography resources »See all The economy and global superpowers resources »