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WAGeographyQuick questions
Unit 3: Global Networks and Interconnections
Quick questions on Interconnection through trade: WACE Year 12 Geography
2short Q&A pairs drawn directly from our worked dot-point answer. For full context and worked exam questions, read the parent dot-point page.
What is patterns of world trade?Show answer
Trade flows are highly uneven. A small group of economies, including China, the United States, the European Union and Japan, account for the bulk of world trade by value. High-income economies trade mostly in high-value manufactured goods and services, while many low-income countries export low-value primary commodities.
What is consequences of trade interconnection?Show answer
Trade raises incomes, widens consumer choice and links economies, but the benefits are distributed unevenly.
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