S4 Ink Exercise Answers

S4 Homework Sample Answer
Here are suggested answers for last week's ink exercise:
p.94 Q1 The UK has achieved greater international influence by being a member of the EU.part of a larger land area, therefore greater total production from crops, minerals, such as coal, oilpart of an organisation that has a combined population of 323 million, greater than the USA or Japan-these people make up a large market for British goods and servicesEU has a large GDP, which means that a lot of money is available to spend on eg regional assistance for poor areas, new roads, help for farmers

p94, Q2 The advantages of a selling alliance such as OPEC arethey can work together to guarantee a steady reliable income for member countries by controlling the supply and therefore the price of oilthe changes in in the price of oil arelow, steady (flatlining) from 1960 to 1973 at $3/barrellimmediate rise in 1973 after formation of OPEC to $10/barrellmore gentle rise in the late 70s to £12/barrelllarge spike from 1979-1980, taking price above $35/barrellhas dropped back down to $12 by 1986, only to rise again(For up to date information on oil prices, see Wikipedia article here. (Currently oil is about $56/barrell) )

p96 There is no one correct answer. All. three countries have benefitted from EU membership:access to larger marketsthey already trade with the EU, so this will now be cheaper as they can sell their good without incurring tariffseach country has over 80% of poor quality land which means that farmers may receive EU subsidiesNote:-The European Union (EU) has grown to its current size of 25 member states. There were five successive enlargements during this period, with the largest occurring on May 1, 2004, when 10 new member states joined. The EU will have 27 member states when further enlargement takes place in 2007 with the addition of Romania and Bulgaria. Negotiations are also underway with other states. The process of enlargement is sometimes referred to as European integration. The most contentious decision is whether to let Turkey join.

p.99 In what ways are the developing (ELDCs) and less developing (EMDCs) interdependent in trade.Interdependence arises from the fact that no one country in the world has all the raw materials, finished goods, services or skills that they need.All countries SPECIALISE-eg Japan produces electronic goods (PS3!) but no oil; Saudi Arabia and other Middle Eastern countries produces oil, but don;t make many electronic goods.EMDCs tend to purchase cheap raw materials from ELDCs, often because they are only found in such countries-eg cocoa, coffee, iron, timberELDCs are often unable to process or manufacture their raw materials, so they need to purchase them from manufacturing nations.

p.99 Q4The countries are interdependent up to a point; The total value of exports of each countries to the other is quite similar. However, Ghana is more dependent on the UK than the other way around-27% of its exports go to the UK; but only 0.2% of our exports go to Ghana. We do rely on Ghana for certain essential commodities, such as cocoa (chocolate) and aluminium (many goods made of this light metal). Ghana needs to import oils and machinery from the UK, for example, which are essential to its manufacturing