The Problems with Trade and the possible solutions
Watch the video on the right and explore the web-links before (during) answering the questions.
1) What is the WTO (google it)?
2) What is the World Banks view on trade?
3) Write a comparative paragraph to describe the differences between Trade and Fair Trade referring to one primary product.
Connectives for differences;
On the other hand
Connectives for similarities
Key words C grade answer
Producer, consumer, organisation, profit, cooperative middle man, transport costs,
Key Words A-A* Grade answer
tariffs, trade blocs, subsidies, WTO
3) Write a short paragraph explaining why Less Economically
Developed Countries find it hard to make money to spend on development.