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Which system ensures poor farmers get a good price?

Trade and Development 1

This Geography quiz is called 'Trade and Development 1' and it has been written by teachers to help you if you are studying the subject at middle school. Playing educational quizzes is a fabulous way to learn if you are in the 6th, 7th or 8th grade - aged 11 to 14.

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Trade and Development includes import and export. In the 19^th century the UK was the leader of the global economy but things have changed considerably since then!

Try the following Geography quiz to see how much you know about modern-day trade and development.

If a country's exports have greater value than its imports it has a what?

Trade overflow

Trade overlap

Trade remainder

Trade surplus

A country relying on just a few exports suffers what?

Exclusivity

Overdependence

Selectivity

Underambition

It will be vulnerable to problems with those exports

Set up in 1995, what is the WTO?

Welsh Trading Office

Wider Trading Office

World Trade Organisation

World Transport Organisation

It aims to promote trade and reduce trade barriers

Which of these is a primary trading product?

Books

Cars

Furniture

Iron ore

What means all the services needed for industry?

Indystructure

Infostructure

Infrastructure

Interstructure

e.g. roads, electricity supply, water supply

A payment that has to be made on imports and exports is usually called a what?

Goods levy

Tariff

Trade tax

Travel toll

What do the letters TNC mean?

Totally National Company

Trade Names Council

Transnational Corporation

Trans-Nile Corporation

A large company based in more than one country e.g. Nike

Which system ensures poor farmers get a good price?

Equal Opportunities

Fair Trade

Honest Marketing

Rough Trade

Fair Trade began in 1993 with which crop?

Bananas

Cocoa

Cotton

Rubber

10.

Roughly what percentage of the cost of a jar of coffee goes to the bean growing country?

0.05

0.2

0.5

0.75

This is low and not a good example of fair trade!

Author: Jan Crompton

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