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Services
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Services
2019-total value of world exports of commercial services-US$5745 bl
Global pattern has become increasingly complex, especially with continued growth of outsourcing and increasing connectivity of global supply chains
Commerical services-transport and travel,
- others including communications, construction, insurance, finance, ICT
Global scale, broad pattern of trade in merchandise dominated by ACs
Europe=largest net importer of commercial services
- However much of this type of trade in EU intra-regional
Almost every country exports commercial services
- Even poorer countries such as Sierra Leonne
Global pattern of commercial services exports is very uneven
- Most important exporters of commercial services are EU countries
- Nearly all of Africa-value of exports very low
- Contrasts in ability to supply commercial services depend on factors such as
- skill and education level of workforce
- Government and private investment
- EG in communications and transport
- Contrasts in ability to supply commercial services depend on factors such as
- Nearly all of Africa-value of exports very low
- Most important exporters of commercial services are EU countries
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- Description
- A level Geography Mind Map on Services, created by Emma Harbord on 19/02/2024.
- Created by
- Emma Harbord
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