Outline the pattern of global trade flows between developed and developing countries.
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Exam code: 7037
Outline the pattern of global trade flows between developed and developing countries.
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Explain how one transnational corporation (TNC) has contributed to the globalisation of the world’s economy.
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Outline the spatial organisation of one transnational corporation (TNC) you have studied.
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Which of the following best describes a trade bloc?
A single company that controls the production and sale of a particular good across the world.
A tax placed by one country on goods imported from another country.
A group of countries that agree to reduce or remove trade barriers between themselves.
An international organisation that lends money to countries facing financial difficulty.
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Outline how Fairtrade can benefit producers of a commodity, such as bananas, in lower-income countries.
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Figure 2 shows the destination of China's biggest exports by total value in 2018.
Figure 2

Using Figure 2 and your own knowledge, assess the importance of geographical location in trading relationships between major economies such as China and smaller less developed economies.
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Figure 2 shows the global trade in oil in 2012
Figure 2

Using Figure 2 and your own knowledge, assess the extent to which this pattern is similar to the global trade in a food commodity or manufactured product you have studied.
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Analyse the data in Figure 1, which shows global FDI inflows by region, 2000–2020.
Figure 1: Global FDI (Foreign Direct Investment) inflows by region as a percentage of the world total, selected years
Region | 2000 (% of global total) | 2010 (% of global total) | 2020 (% of global total) |
|---|---|---|---|
North America and Europe | 68 | 43 | 38 |
China and East Asia | 10 | 20 | 27 |
South and Southeast Asia | 6 | 12 | 16 |
Sub-Saharan Africa | 3 | 5 | 4 |
Latin America and Caribbean | 9 | 13 | 11 |
Rest of world | 4 | 7 | 4 |
Source: Adapted from UNCTAD World Investment Report, 2021
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Using Figure 1 and your own knowledge, assess the extent to which the expansion of transnational corporations has benefited developing and emerging economies.
Figure 1: Apple Inc. net revenue by geographic segment, FY2019 and FY2023 (billion USD)
Geographic segment | FY2019 revenue (billion USD) | FY2023 revenue (billion USD) |
|---|---|---|
Americas | 116 | 162 |
Europe | 60 | 94 |
Greater China | 44 | 72 |
Japan | 21 | 24 |
Rest of Asia Pacific | 20 | 30 |
Total | 260 | 383 |
Source: Apple Inc., Annual Report 2023
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Study Figure 1, which shows the destination of China’s biggest exports by total value in 2018.

Analyse the data shown in Figure 1.
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Figure 2 shows workers in a shoe factory in Vietnam supplying TNCs.

Using Figure 2 and your own knowledge, to what extent do TNCs have a positive impact on people in the countries in which they operate?
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Evaluate the view that global trade relationships are the primary cause of persistent inequality between developed and developing countries.
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Assess the extent to which membership of a trade bloc benefits the countries involved.
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Assess the view that the global food system brings greater benefits to consumers in higher-income countries (HICs) than to producers in lower-income countries (LICs).
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