Odd one out

1
Odd one out
UK
USA
EU
2
Odd one out
Tariff
MNC or TNC
Quota
3
Key questions

• What is trade?
• Who benefits the most from trade?
• What is fair trade and how can it help?
• What is aid and how does it affect LEDCs?

4
What is trade, debt and aid?
The goods that a country sells to another country.
The difference between the value of a countries imports and exports.
The goods bought in from another country.
Imports
Exports
Balance of trade or trade balance
Ext - List some examples of the UKs imports and
exports.
5
Do MEDCs help LEDCs to develop?

• You are a journalist working for the Financial
  Times and have been asked to write an article on
  the issue of- do MEDCs help LEDCs to develop?
• Include at least one paragraph on
• Introduction (What is trade)
• Trade
• Fair trade
• Aid
• Conclusion Do MEDCs help LEDCs overall.
  Suggest what could be done to improve the
  situation.

6
Key questions

• What is trade?
• Who benefits the most from trade?
• What is fair trade and how can it help?
• What is aid and how does it affect LEDCs?