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Refer to Source 3A - NSC History - Question 3 - 2017 - Paper 2
Question 3
Refer to Source 3A. 3.1.1 According to the source, list FOUR countries that were members of BRICS. 3.1.2 Name the leader that ensured that South Africa became a me... show full transcript
Worked Solution & Example Answer:Refer to Source 3A - NSC History - Question 3 - 2017 - Paper 2
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3.1.3 Explain why South Africa's inclusion in BRICS was met with 'surprise' and 'incomprehension' (disbelief) by leading politicians and economists.
Answer
South Africa's inclusion was unexpected due to its smaller economic size compared to other BRICS nations. Politicians and economists were surprised that a developing nation, with a GDP significantly lower than those of Brazil, Russia, India, and China, was invited to join such a powerful group. Additionally, there were concerns about South Africa's ability to contribute to the economic discussions within BRICS.
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3.1.5 Define the term developed nations in your own words.
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Developed nations refer to countries that have advanced economies, high standards of living, and robust infrastructure. These countries typically have well-established industries, advanced technology, and higher levels of education and healthcare.
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3.2.1 Explain the messages that are conveyed by this photograph of the fifth BRICS summit.
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The photograph symbolizes unity and cooperation among the BRICS nations. It conveys the message of collaboration on economic development and shared goals among diverse countries. The presence of leaders at such a summit illustrates a commitment to collective decision-making on global issues.
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3.3 Explain how the information in Source 3B regarding South Africa's membership of BRICS compares with Source 3A.
Answer
Source 3B provides a detailed account of the significance of the BRICS summit hosted in South Africa, highlighting how this event showcased the country's leadership role in the group. In contrast, Source 3A focuses on the initial reasons for South Africa's inclusion, emphasizing its economic potential. Together, these sources illustrate both the context of membership and the responsibilities South Africa undertook.
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3.4.2 Explain how South Africa's trade relations with the BRICS countries improved between 1995 and 2011.
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South Africa's trade relations with BRICS countries witnessed exponential growth from 1995 to 2011. The diversification of exports increased significantly, moving from less than 25 billion by 2011. This improvement can be attributed to strategic partnerships and trade agreements fostering enhanced cooperation.
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3.5.1 Explain the different views regarding South Africa's inclusion as a member of BRICS.
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Different views exist about South Africa's membership in BRICS. While some argue that it enhances the nation's global influence and access to markets, others believe it poses economic risks and challenges domestically due to competition with established economies. Critics express concerns over potential negative impacts on local industries and job markets.
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3.5.2 Comment on why South Africa's membership of BRICS was regarded as dangerous for domestic markets.
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Membership in BRICS is seen as dangerous due to fears of increased competition that could undermine local businesses. South African industries may struggle to compete with larger BRICS economies, leading to potential job losses and negative impacts on trade balances. The reliance on imported goods from BRICS nations might disrupt local production.
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3.5.3 What, according to Gumede, would be the consequences if South Africa's currency is replaced by the Chinese currency?
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Gumede warns that if South Africa's currency is replaced by the Chinese yuan, the country could face severe economic instability and loss of monetary policy autonomy. This shift may lead to unfavorable trade conditions and increased reliance on the Chinese economy.
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3.5.4 Explain to what extent you would consider the information in this source useful regarding the challenges that South Africa might face as a member of BRICS.
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The information provided in the source is highly useful as it outlines both opportunities and potential challenges stemming from South Africa's BRICS membership. Understanding the risks involved will enable policymakers to formulate strategies addressing these challenges effectively, while also leveraging BRICS membership for economic advantages.
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3.6 Using the information in the relevant sources and your own knowledge, write a paragraph of about EIGHT lines (about 80 words) explaining whether South Africa has benefited from its membership of BRICS.
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South Africa's membership in BRICS has brought mixed benefits. It has increased trade opportunities and provided access to vital markets, boosting economic partnerships. The country has successfully engaged in various initiatives and gained a platform to influence global economic discussions. However, challenges persist, particularly regarding competition with larger economies and the need for infrastructure development. Overall, while South Africa has seen substantial economic gains, it must navigate the complexities of such international collaborations to maximize these benefits.