KS3 trade and development - exporting to other countries

Geography Quiz - Trade and Development 02 (Questions)

Transnational Corporations connect countries through trade, jobs and ideas. This quiz will help you explore how global companies link to development and globalisation in KS3 Geography.

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Fascinating Fact:

A Transnational Corporation (TNC) is a large company that operates in more than one country, such as global sportswear or technology brands.

In KS3 Geography, trade and development looks at how money, goods and services move between countries. You explore how Transnational Corporations, global supply chains and decisions about where to locate factories can affect wages, working conditions and levels of development in different parts of the world.

Key Terms

Transnational Corporation (TNC): A large company with operations such as factories, offices or shops in more than one country.
Globalisation: The process that makes the world more connected through trade, travel, communication and the spread of ideas.
Supply chain: The whole journey of a product, from raw materials to factories, transport, shops and finally the consumer.

Frequently Asked Questions (Click to see answers)

How do Transnational Corporations affect development?

Transnational Corporations can bring jobs, investment and new technology to a country. However, low wages, poor working conditions and profits leaving the country can limit long term development benefits.

Why do some companies move production to other countries?

Companies sometimes move production to countries where wages, land and taxes are lower. This can reduce costs and increase profits but may also raise concerns about worker rights and environmental standards.

What is the link between trade, TNCs and globalisation?

Trade and Transnational Corporations are major drivers of globalisation. By buying, making and selling goods in many countries, they create strong economic links between places around the world.

Try These Related Quizzes

What means 'taking unfair advantage of cheap labour'?

[ ]	Exhalation
[ ]	Exhumation
[ ]	Exploitation
[ ]	Extermination

TNCs are doing more to help countries where they are based mainly due to pressure from what?

[ ]	Customers
[ ]	Workers
[ ]	Rappers
[ ]	Women's magazines

Which product is not associated with Fair Trade?

[ ]	Bread
[ ]	Chocolate
[ ]	Coffee
[ ]	Tea

Why do some people not buy Fair Trade products?

[ ]	Supermarkets never stock them
[ ]	They are always poor quality
[ ]	They are more expensive
[ ]	They can only be bought in bulk

When prices of raw materials go up and down they do what?

[ ]	Facilitate
[ ]	Flatulate
[ ]	Fluctuate
[ ]	Fulminate

When TNCs make profit from LEDCs where does the money usually go?

[ ]	It is shared between many LEDCs
[ ]	To charity organisations
[ ]	To the country of origin of the TNC
[ ]	To the LEDC

If a country's imports cost more than its exports it will have a trade what?

[ ]	Deficit
[ ]	Depression
[ ]	Downscale
[ ]	Reduction

Which group buys from poor people at a fair price?

[ ]	Crafty Trading
[ ]	Handicraft
[ ]	Traidcraft
[ ]	Traidlinks

Limits on imports and exports have what name?

[ ]	Quasars
[ ]	Quoits
[ ]	Quorums
[ ]	Quotas

10.

Which is not a famous coffee producing country?

[ ]	Brazil
[ ]	China
[ ]	Colombia
[ ]	Kenya

Geography Quiz - Trade and Development 02 (Answers)

What means 'taking unfair advantage of cheap labour'?

[ ]	Exhalation
[ ]	Exhumation
[x]	Exploitation
[ ]	Extermination

This is sometimes referred to as slave labour although the workers are not really slaves

TNCs are doing more to help countries where they are based mainly due to pressure from what?

[x]	Customers
[ ]	Workers
[ ]	Rappers
[ ]	Women's magazines

Customers may feel a TNC is exploiting the LEDC and if they feel strongly about the behaviour of the TNC, they can avoid buying its products. If enough people do the same, the managers of the TNC may be pressured into changing how they deal with the workers in an LEDC

Which product is not associated with Fair Trade?

[x]	Bread
[ ]	Chocolate
[ ]	Coffee
[ ]	Tea

The plants that are needed for making the other three products are mainly grown in LEDCs

Why do some people not buy Fair Trade products?

[ ]	Supermarkets never stock them
[ ]	They are always poor quality
[x]	They are more expensive
[ ]	They can only be bought in bulk

The price tries to reflect what everyone in the supply chain deserves

When prices of raw materials go up and down they do what?

[ ]	Facilitate
[ ]	Flatulate
[x]	Fluctuate
[ ]	Fulminate

Fluctuations in the price of raw materials can affect the prices of things in the shops

When TNCs make profit from LEDCs where does the money usually go?

[ ]	It is shared between many LEDCs
[ ]	To charity organisations
[x]	To the country of origin of the TNC
[ ]	To the LEDC

TNCs are usually based in MEDCs

If a country's imports cost more than its exports it will have a trade what?

[x]	Deficit
[ ]	Depression
[ ]	Downscale
[ ]	Reduction

If it continues the country will need to borrow money

Which group buys from poor people at a fair price?

[ ]	Crafty Trading
[ ]	Handicraft
[x]	Traidcraft
[ ]	Traidlinks

Traidcraft was set up in Newcastle-upon-Tyne in 1979. Hundreds of thousands of people around the world are benefitting from fair trade agreements