Last lesson link: How has globalisation affected these people?

International trade and foreign direct investment (FDI) over time LO: To examine changes in international trade and FDI. To explore reasons for these changes.

What do you think is meant by the terms ‘international trade’ and ‘foreign direct investment (FDI)’? In pairs: 2 minutes!!!! LO: To examine changes in international trade and FDI. To explore reasons for these changes.

What do you think is meant by the terms ‘international trade’ and ‘foreign direct investment (FDI)’? 1 2 3 1 5 4 2 7 6 8 9 1 5 6 4 3 5 2 9 4 5 3 2 1 6 7 2 3 1 8 7 4 1 9 1 8 7 8 6 2 3 8 9 7 6 4 5 4 5 3 3 2 9 5 4 6 2 1 9 8 7 Hours Minutes Seconds LO: To examine changes in international trade and FDI. To explore reasons for these changes.

What do you think is meant by the terms ‘international trade’ and ‘foreign direct investment (FDI)’? 1 3 1 5 4 2 7 6 8 9 1 5 6 4 3 5 2 9 4 5 3 2 1 6 7 2 3 1 8 7 4 1 9 1 8 7 8 6 2 3 8 9 7 6 4 5 4 5 3 3 2 9 5 4 6 2 1 9 8 7 Hours Minutes Seconds LO: To examine changes in international trade and FDI. To explore reasons for these changes.

What have we come up with? What do you think is meant by the terms ‘international trade’ and ‘foreign direct investment (FDI)’? What have we come up with? LO: To examine changes in international trade and FDI. To explore reasons for these changes.

Key terms (copy them into your books) International trade is the movement of goods and services across borders and therefore between countries. Foreign direct investment (FDI) is when a company invests (spends its money) in a different company by either building facilities (e.g. factories) or buying other companies. Challenge: Can you think of any examples of FDI or international trade? LO: To examine changes in international trade and FDI. To explore reasons for these changes.

FDI or international trade? Nike has built a new factory in Indonesia. An American company has taken a majority stake in a company in China Payday lender Wonga has continued its global expansion with the purchase of German payment firm BillPay. Vans shoes are made in Vietnam and sold in S.Africa, UK, USA and Australia. Countries in the EU have open market flows between their countries LO: To examine changes in international trade and FDI. To explore reasons for these changes.

Describe how international trade has changed over time (2marks). Challenge - What do you think the reasons are for this change in international trade? LO: To examine changes in international trade and FDI. To explore reasons for these changes.

How has FDI changed over time? Task – You have 3 minutes to describe your graph (3 points) on your own. Challenge option 1 – Can you think of reasons why there is a high level of FDI in particular countries? Challenge option 2 – Explain how you think global FDI will look today, does it differ much from 2000? LO: To examine changes in international trade and FDI. To explore reasons for these changes.

What does this have to do with international trade What does this have to do with international trade? Why has it helped it increase? LO: To examine changes in international trade and FDI. To explore reasons for these changes.

The story of containerisation… http://www.youtube.com/watch?v=Gn7IoT_WSRA Explain how the ‘legendary’ Malcolm McLean has made global transport cheaper. BBC “The Box” http://www.youtube.com/watch?v=Ta7I7NELUSw LO: To examine changes in international trade and FDI. To explore reasons for these changes.

"Perhaps my favourite story was that of Copenhagen Express Captain Sanjeev Kaushal who only found out about the BBC Box, and that he was carrying it on his own ship, from relatives e-mailing him on board," he said. The last cargo, tinned cat food, has been delivered and the Box completed its journey with a visit to BBC Television Centre. Journey over, the Box is now on its way to Africa to be turned into a soup kitchen. 9/18/2018 LO: To Learn examples of how manufacturing and industry has changed in recent years

and because of these (the growth of TNCs)! What is the question? 1) Foreign direct investment 2) International trade 3) Containerisation 4) TNC LO: To examine changes in international trade and FDI. To explore reasons for these changes.