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The Global Economy IB HL. Financial Flows Exports and imports of goods and services in 2005 exceeded $26 trillion dollars. Developing economies still.

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Presentation on theme: "The Global Economy IB HL. Financial Flows Exports and imports of goods and services in 2005 exceeded $26 trillion dollars. Developing economies still."— Presentation transcript:

1 The Global Economy IB HL

2 Financial Flows Exports and imports of goods and services in 2005 exceeded $26 trillion dollars. Developing economies still account for less than one-third of global trade. FDI and cross-border investment flows to developing economies have soared.

3 Factors Accelerating Globalisation Barriers to international trade and investment are coming down. Technological progress has dramatically cut transportation and communication costs. Some previously non-tradable services can now be traded easily.

4 Expanding Trade Between 1990 and 2005, growth in the overall global economy. The market share of low and middle income economies increased from 16% in 1990 to almost 30% in Between 1990 and 2005, merchandise exports between developing economies increased by 13%.

5 Activities Using Geography For The IB Diploma P 57-63, answer the following… 1.How important are Financial Flows and Trade etc. between the Developed Core, and Underdeveloped Periphery areas? Why? 2.Using Table 1 (P58/59), try to group the corporations into types of corporation then give reasons for which types of corporation generate the most money. 3.Using Figure 2 (P60), analyse and explain reasons for the trends shown in the graph.


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