The cartoon refers to aspects of trade between powerful and poor countries - Junior Cycle Geography - Question 1 - 2007
Question 1
The cartoon refers to aspects of trade between powerful and poor countries. Examine the cartoon and read the statements relating to it. Not all of the statements are... show full transcript
Worked Solution & Example Answer:The cartoon refers to aspects of trade between powerful and poor countries - Junior Cycle Geography - Question 1 - 2007
Step 1
1. Poor countries receive little for their exports but pay dearly for their imports.
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Answer
This statement is accurate as it reflects the realities of international trade, where poor countries often export raw materials at lower prices while facing high costs for imported goods.
Step 2
2. International trade favours powerful countries at the expense of poor countries.
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This statement is also correct, highlighting the imbalance in trade negotiations that often leaves poorer nations at a disadvantage compared to more powerful, developed nations.
Step 3
3. International trade benefits both powerful and poor countries equally.
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Answer
This statement is false. The benefits of international trade are not equally distributed, as powerful countries often dominate, reaping greater rewards from trade.
Step 4
4. Many poor countries export raw materials and import manufactured products.
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Answer
This statement is true and reflects a common pattern in global trade, where poorer nations rely on exporting unprocessed materials while importing higher-value manufactured goods.
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