Trade and Globalisation
Interpret trade patterns and inequality and evaluate the impacts of globalisation and attempts to make trade fairer or more sustainable.
How to study National 5 Geography
Start from located evidence, identify the geographical process, develop each causal link and test management against the people and environments affected.
Core concepts
Concept 1
Trade patterns reflect resource distribution, production, demand, transport, historical links, policy and the role of transnational corporations.
Exam cue: Use flow, value or product evidence to describe a trade pattern.
Concept 2
Globalisation connects production, investment, information and markets, creating uneven economic, social and environmental impacts.
Exam cue: Trace a global connection to a named benefit and cost for people or environment.
Concept 3
Trade alliances, fair trade and sustainable practices seek to improve access, terms, standards or long-term resource use but have limits.
Exam cue: Explain how a strategy changes prices, access, working conditions or production practice.
Risk pitfalls and guardrails
Treating trade and globalisation as synonyms.
Guardrail: Revise and answer only the prescribed Physical pair and two Global Issues taught by your centre; check the live paper rubric.
Assuming every participant gains equally.
Guardrail: Check the command word, option, scale, location, time period and whether the evidence supports every link in the answer.
Calling a label fair or sustainable without explaining its mechanism.
Guardrail: Check the command word, option, scale, location, time period and whether the evidence supports every link in the answer.
Memory anchors
Trade
The exchange of goods and services between places.
Globalisation
Growing worldwide connection and interdependence of economies, societies and information.
Trade pattern factors
Resources, production, demand, transport, history and policy.
TNC
A company operating and coordinating activity in more than one country.
Fair trade
Seeks better trading terms and standards for producers and workers.
Sustainable trade
Balances present economic activity with social and environmental durability.
Checkpoint rule
Do the check-up only after you can summarize each concept in one sentence and identify one dangerous pitfall from memory.
Knowledge Check (after reading)
Short check-up to confirm understanding of this module.
Check-up Questions
What is globalisation?
Why do countries specialise in exports?
Answer all questions to submit.
Next step personalized recommendations
Continue learning
Move forward only after this module is stable.
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