Flashcards
Random nice unit 4 ruthless facts
Cards in this deck (21)
- 1Due to China's significant investment, a new skyscraper is erected every 5 daysRemember this
- 2Consumption in China is only a 3rd of the economy whereas the West is 2/3Remember this
- 3Angola is China's number one supplier of oil selling 1 million barrels a dayRemember this
- 4Zambia relies heavily on tourism, 60% of trade. But china is taking all the animals for their resourcesRemember this
- 5R&D in the UK is well below EU average and Finlands 3.6% and Germanys 2.9%. UK is 1.7%.Remember this
- 697% of exports in Angola is from OilRemember this
- 7Botswana has the highest GDP per capita in Africa - $14500Remember this
- 8African trade with China, India and Brazil amounts to more in value than to the EURemember this
- 9QE in the UK is at a value of £375bnRemember this
- 10Global GDP has increased 5% in recent yearsRemember this
- 11Mexico has comparative advantage in free trade - 12 trade agreements with 44 countries - cheap for exporters.Remember this
- 12Manufacturing in Mexico brings £32bn in revenue, and is 1.8% of the UK economy. UK is strong in financial services.Remember this
- 1395% of the US economy gains go to the top 1%Remember this
- 14Containerisation has led to sending a tonne of freight from Africa cost 8 cents instead of 20 (as a result of Chinese investment)Remember this
- 15Costa Rice had primary product dependency on Intel, the microchip firm. Beneficial due to FDI and infrastructure. When they left FDI fell 11% and exports fell 20%.Remember this
- 16Developing economies account for 40% of tourism arrivalsRemember this
- 17India has imposed tariffs ranging from 57% to 116% due China's dumping allegationsRemember this
- 18Of the biggest 150 grocery stores in the UK, 44 are UK owned.Remember this
- 19UK government borrowing accounts for 76% of GDPRemember this
- 20Gold prices have risen 330% in recent yearsRemember this
- 21The UK has a stronger capital and financial account than Germany. UK £320bn and Germany £301bn.Remember this
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- A2 Economics A2 Flashcards on Random nice unit 4 ruthless facts, created by jamesharding247 on 06/06/2014.
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