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Examine the table above and answer each of the following questions - Leaving Cert Geography - Question 9A - 2018
Question 9A
Examine the table above and answer each of the following questions. (i) Which category of export to Great Britain and Northern Ireland experienced a decline in valu... show full transcript
Worked Solution & Example Answer:Examine the table above and answer each of the following questions - Leaving Cert Geography - Question 9A - 2018
Step 1
Which category of export to Great Britain and Northern Ireland experienced a decline in value from January-July 2016 to January-July 2017?
Answer
The category of export that experienced a decline in value is Fishing. In January-July 2016, the value was €133 million, and in January-July 2017, it decreased to €75 million.
Step 2
Step 3
What percentage of total exports were Agricultural exports in the period January-July 2017?
Answer
The percentage of total exports that were Agricultural exports in January-July 2017 was 6.09%. This is calculated by taking the Agricultural exports (€3,977 million) divided by total exports (€71,010 million) and multiplying by 100.
Step 4
Step 5
Explain briefly two potential impacts of future changes to European Union membership on Irish trade.
Answer
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Tariff Changes: If Ireland were to leave the EU or face changes to its membership, tariffs on exports to the remaining EU countries could be implemented, increasing costs for Irish exporters and potentially reducing their competitiveness.
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Market Access: Changes in EU membership could lead to decreased access to the single market, limiting Irish businesses' ability to sell goods and services in other EU member countries, which may negatively impact economic growth.