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Card 6

Front

MEDCs can trade their produce at a higher value as it has been processed to add value?

Back

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Card 7

Front

A trade surplus is where:

Back

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Card 8

Front

When a counrty is relianant on one or two products for export it is called a................?

Back

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Card 9

Front

A trade deficit is where:

Back

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Card 10

Front

The WTO (previously GATT)

Back

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Card 11

Front

A group of countries that join together, selling the same product, so they can all put prices up is called a...............?

Back

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Card 12

Front

68% of world trade is dominated by...................?

Back

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Card 13

Front

Prices of raw materials fluctuating each year and prices rising slowly are features of a

Back

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Card 14

Front

A disadvantage of fair trade is...............?

Back

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Card 15

Front

The UN target of total aid a MEDC should give is 0.7% of GNP:

Back

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