KS3 trade and development - importing goods

Geography Quiz - Trade and Development 01 (Questions)

Trade is about buying and selling between places. In this quiz you will explore how trade links to development, jobs and global inequality.

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Fascinating Fact:

Countries that mainly export raw materials and food, such as cocoa or iron ore, usually earn less money than countries that export manufactured goods like cars or electronics.

In KS3 Geography, trade and development explores how the exchange of goods and services links countries together. You learn how patterns of imports and exports can influence wealth, jobs and living standards in different parts of the world.

Key Terms

Trade: The buying and selling of goods and services between people, regions or countries.
Export: A good or service that is sold from one country to another country.
Import: A good or service that is bought by one country from another country.

Frequently Asked Questions (Click to see answers)

What is trade in Geography for KS3?

In KS3 Geography, trade means the movement of goods and services between places. It includes local, national and international exchanges that link producers, shops and consumers.

How can trade help a country develop?

Trade can help a country develop by earning money from exports, creating jobs, attracting investment and providing tax income that governments can spend on schools, healthcare and transport.

What is the difference between primary and secondary products?

Primary products are raw materials such as crops, minerals and fish. Secondary products are manufactured goods, such as clothing, phones and cars made from those raw materials.

Try These Related Quizzes

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

Set up in 1995, what is the WTO?

[ ]	Welsh Trading Office
[ ]	Wider Trading Office
[ ]	World Trade Organisation
[ ]	World Transport Organisation

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

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

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

Geography Quiz - Trade and Development 01 (Answers)

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

[ ]	Trade overflow
[ ]	Trade overlap
[ ]	Trade remainder
[x]	Trade surplus

The opposite is a trade deficit

A country relying on just a few exports suffers what?

[ ]	Exclusivity
[x]	Overdependence
[ ]	Selectivity
[ ]	Underambition

It will be vulnerable to problems that may arise with those exports e.g. a fall in market value

Set up in 1995, what is the WTO?

[ ]	Welsh Trading Office
[ ]	Wider Trading Office
[x]	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
[x]	Iron ore

Primary products are raw materials and food

What means all the services needed for industry?

[ ]	Indystructure
[ ]	Infostructure
[x]	Infrastructure
[ ]	Interstructure

For example roads, electricity supply, water supply

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

[ ]	Goods levy
[x]	Tariff
[ ]	Trade tax
[ ]	Travel toll

Countries can negotiate special tariffs in order to promote trade between them

What do the letters TNC mean?

[ ]	Totally National Company
[ ]	Trade Names Council
[x]	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
[x]	Fair Trade
[ ]	Honest Marketing
[ ]	Rough Trade

Some businesses in MEDCs see fair trade as being important