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Aim What is the role of Trade Blocs in Globalisation? Learning Outcomes A* - I will explain the key role of trade blocs and political players in globalisation. I will evaluate the role of two trade blocs and assess their significance. A - I will explain the key role of trade blocs and political players in globalisation. I will assess the role of two trade blocs and explain their significance. B - I will explain the key role of trade blocs and political players in globalisation. I will explain the role of two trade blocs and explain their significance. C - I will describe the key role of trade blocs and political players in globalisation. I will describe the role of two trade blocs and consider their significance.

Starter Describe the pattern of global imports and exports 5 mins Starter Describe the pattern of global imports and exports Which country has the highest exports? Which country has the highest imports? What is the country with the highest level of imports and exports as a percentage of GDP? A* Aim High Challenge: Think back to GCSE... Can you explain why the global pattern of imports and exports features these particular countries? (Think in terms of economic activity)

Peer Assessment Describe the pattern of global imports and exports 5 mins Peer Assessment Describe the pattern of global imports and exports Take out a green pen Self assess based on the success criteria Have you… Described the pattern of global imports and exports. Use data to demonstrate which country has the highest exports? Used data to detail which country has the highest imports? Described using geographical language and key words? Examined the highest level of imports and exports as a percentage of GDP? Evidenced the lowest imports and exports? Challenge: did you relate back to the manufacturing sector in China (a high exporter) https://www.youtube.com/watch?v=fnIl212tBPk How is economic growth in the world changing?

5 mins What are trade blocs? Read Page 153 Trade Blocs – countries join together in geographical areas to encourage trade within the bloc by removing duties or tariffs on goods for members. Geography for Edexcel A Level Year1 and AS

What is the difference between an alliance and a trade bloc? Political-economic alliances. This includes groups such as G8, The Commonwealth and OECD. Countries form these alliances as there are economic and political benefits to cooperating with one another. Trade blocs A trade bloc is where flows of goods, money and sometimes workers can flow freely over national boundaries. This requires an amendment of national laws. Trade blocs can contain countries at different levels of development. An example of this is NAFTA where headquarters might be in the USA but production located in Mexico. Summarise the difference

Why do countries group together? Trade blocs exist for trading purposes; bring economic strength and security to nations. Free trade is encouraged by the removal of internal tariffs and can also protect members by establishing a common external tariff for foreign imports. This ensures that it is more expensive to import goods and therefore customers will prefer to purchase trade bloc goods instead. The EU has also integrated a common currency, the euro with some shared political legislation e.g. European Parliament established in 1979. Benefits Removal of internal tariffs allows: Markets to grow – in 2004 ten new nations joined the EU and Tesco gained access to 75m extra customers Firms that have a comparative advantage should prosper e.g. French wine-makers have advantages due to their climate and soil Enlarged market increases demand raising the volume of production and lowering manufacturing costs = economies of scale Smaller national firms within a trade bloc can merge to form TNCs therefore making their operations more cost-effective In the EU, members are eligible for EU Structural Funds to help develop their economies

What is the difference between a grouping and a trade bloc? An Economic Group is certain countries that are categorised according to there overall levels of wealth and the power that this brings. Whereas a trade bloc is different countries coming together to reduce trade barriers. Examples of trade blocs are Mexico, United States and Canada. Examples of economic groups are HIC which are OECD members (e.g. Sweden, Spain, Australia), MIC/NICS (e.g. China and India), LIC/LDCS (e.g. Sudan, Ethiopia and Afghanistan) They are countries that are high in income whereas economic groups include high, middle and low income. Summarise the difference between the two

Association of South East Asia Nations NAFTA OPEC- Oil & Petroleum Exporting Countries

10 mins Trade Blocs How are governments key players in helping to promote free trade blocs… EU ASEAN OPEC NAFTA Task Use the textbook P153 to annotate the map to explain in detail how national governments are key players in helping to promote free trade blocs: (free-market liberalisation, privatisation and encouraging business start ups). B-A* - Do you think that there are any issues with trade blocs? Is there a negative side to trade blocs? A* Aim High - Use NAMED EXAMPLES to help you do this. Geography for Edexcel A Level Year1 and AS

Homework 3 Watch the TED talk and answer the questions on your homework sheet Due:

Comparison of Trade Blocs ASEAN and EU 15 mins Comparison of Trade Blocs ASEAN and EU   ASEAN EU Members Main roles Which national governments are instrumental in promoting free trade within the trade bloc? Similarities Differences Relations Use the fact sheets to complete your comparison. A* Aim high: How significant a role do you think Trade Blocs play in the globalised world?

5 mins Plenary Create a success criteria for a successful trade bloc 1. Must have two or more trading members 2….