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EU-27
CanadaAustralia
US
Russia
2000/2001
2002/2003
2004/2005
2006/2007
2008/2009
2010/2011
MT (x1000)
40,000
35,000
30,000
25,000
20,000
15,000
10,000
5,000
WHEAT EXPORTS
Gold In India
Importance of Gold to Indians Gold holds great sacred meaning in Indian
culture, as it is the symbol of the Hindu goddess Lakshmi, which is considered highly auspicious. Hindus believe that their goddess was born from the cosmic egg of gold, and hence buying gold will bring them good fortune, and destiny.
There are special days in Hindu calendar, which encourage its followers to buy gold on that specific day such as Dhanteras and Dassera. Hindus believe that it will bring good omen if they will make gold purchases on these propitious days. Besides, the Incas have referred to gold as tears of the Sun, which adds more towards spiritual significance, as sun is the sign of authority.
Importance of Gold in IndiaGold holds great sacred meaning in Indian culture, as it is the symbol of the Hindu goddess Lakshmi, who was born from the cosmic egg of gold. Dhanteras and Dassera are special holidays on the Hindu calendar for purchasing gold, which is believed to bring one good fortune.
Germany 912.3
France 448.7
USA 818.8 China
593.3
Japan 565.8
Numbers in billions of dollars
Top Exporting Nations and Value in 2004
Top Importing Nations and Value in 2004
USA – 1525.5
Germany – 716.9
China – 561.2
France – 465.5
United Kingdom – 463.5
Numbers in billions of dollars
WHAT IS GLOBAL INTERNATIONAL TRADE? Global Trade is the exchange of
goods and services across the world.
Globalization has made trade much easier since planes, trucks, and trains now allow us to travel at much further distances then in the past.
Without this transportation some countries would find themselves isolated and wouldn’t be able to have goods that weren't native to their land.
THE MAJOR TRADING NATIONS 1. United States $2.4 Trillion Exports/Imports
per year
2.China $2.2 Trillion Exports/Imports per year
3.Germany $1.6 Trillion Exports/Imports per year
4. Japan 1.2 Trillion Exports/Imports per year
5. France 900 Billion Exports/Imports per year
WHAT IS GLOBAL TRADE? Global Trade is the exchange of
goods and services across the world.
Globalization is possible due to modern transportation technology.
Without trade, some countries would find themselves isolated and wouldn’t be able to have goods that weren't native to their land.
1. United States $2.4 Trillion
2.China $2.2 Trillion
3.Germany $1.6 Trillion
4. Japan $1.2 Trillion
5. France $900 Billion
THE MAJOR TRADING NATIONS (Total Imports and Exports per year)
TRADING NATIONS ON THE MAP
1.Red is the United States2.Pink is China
3. Blue is Germany4. Green is Japan 5. Orange is France
MAJOR TRADING NATIONS
United States Chin
a
Germany
Japan
France
Important ProductsCrude Oil
Iron/Steel
Agricultural Products
Energy Products
Precious Metals and Stones
Important ProductsCrude Oil
Iron/Steel
Agricultural Products
Energy Products
Precious Metals and Stones
Iron Ore Exports
Iron Ore Imports
Iron Ore Exports
Iron Ore Imports
OPEC• The countries in OPEC are: Venezuela, Algeria,
Nigeria, Libya, Iraq, Saudi Arabia, Iran, Kuwait, Qatar, United Arab Emirates, and Indonesia
OPEC• Oil-Producing and Exporting Countries
Coking Coal
-Solid Carbonaceous material derived from the destructive distillation of low-ash.
--Cokes range from grey, hard and porous. MAN-MADE
USES -Fuel and Reducing agent-Reduces Iron Oxide to create Iron and Steel -Works for some stoves and furnaces
Coking Coal
Solid Carbonaceous material derived from the destructive distillation of low-ash (man-made).
Cokes range from grey, hard and porous.
USES Fuel and Reducing agent Reduces Iron Oxide to create Iron and Steel Works for some stoves and furnaces
Orange Juicethere are only two main players: the State of
Florida(US) and Sao Paulo(Brazil)
A Multi-Billion Dollar Industry.And the number three spot when it
come to America’s favorite drink.
Orange JuiceTwo main players• Florida(US)• Sao Paulo(Brazil)
• A Multi-Billion Dollar Industry
• Third on the list of America’s
favorite drinks
Export
Coffee ExportersTop ten are
shown in yellow
Country Bags (thousands)
1. Brazil 36,070
2. Vietnam 16,467
3. Colombia 12,504
4. Indonesia 7,751
5. Ethiopia 4,906
6. Mexico 4,150
7. India 4,148
8. Guatemala 4,100
Top Coffee Exporters
2007
Top Coffee Exporters (2007)
10 largest in yellow
Country Bags (thousands)
1. Brazil 36,070
2. Vietnam 16,467
3. Colombia 12,504
4. Indonesia 7,751
5. Ethiopia 4,906
6. Mexico 4,150
7. India 4,148
8. Guatemala 4,100
Regions such as Central America and the Caribbean are large exporters of bananas and do not consume large amounts of them
Companies have been accused of bribing officials to have preferential treatment so they can monopolize the banana trade
United Fruit Company- now surviving as Chiquita was accused of bribing Latin American officials for preferential treatment
The term “banana republic” applies to countries (most in Central America) whose economies are dominated by the banana trade
Preferential banana trade treatment
Banana republic= a politically unstable country dependent upon limited agriculture-bananas, and ruled by a corrupt government whose main goal is to protect the companies
The profits derived from private exploitation of public lands are private property, and the debts incurred are public responsibility
This leads to uneven economy, devalued paper money, no international development credit, corrupt government and prevents the native people from making money
Examples: Costa Rica, Honduras, Panama
Banana Republics
Central America and the Caribbean are large exporters of bananas
Bribery and Monopoly?
United Fruit Company (Chiquita)
“Banana Republic”
Preferential Trade Treatment
A politically unstable country dependent upon limited agriculture
Private exploitation of public lands
Result: an “uneven economy”
Examples: Costa Rica, Honduras, Panama
Banana Republics
COFFEE AS AN AGRICULTURAL BASED COMMODITY
•Coffee is bought and sold by roasters, investors and price speculators as a commodity•12 billion pounds of coffee is consumed around the globe annually •USA has over 130 million coffee drinkers
COFFEE AS AN AGRICULTURAL COMMODITY
• Worldwide, 12 billion pounds of coffee is consumed annually
COFFEE PRODUCTION In 2009 Brazil was the world
leader in production of green coffee, followed by Vietnam, Indonesia, and Colombia Arabica coffee beans are
cultivated in Latin America, Eastern Africa, Arabia, or Asia.
Robusta coffee beans are grown in western and Central Africa, throughout Southeast Asia, and to some extent in Brazil.
m
R
A
COFFEE PRODUCTION
Arabica coffee beans are cultivated in Latin America, Eastern Africa, Arabia, or Asia.
Robusta coffee beans are grown in western and Central Africa, throughout Southeast Asia, and to some extent in Brazil.
PetroleumAtomic structure of octane, a hydrocarbon found in petroleum. Lines represent single bonds, black spheres are carbon molecules, white spheres represent hydrogen.
Illustration depicting formation of natural gas and petroleum
PetroleumAtomic structure of octane, a hydrocarbon found in petroleum. Lines represent single bonds, black spheres are carbon molecules, white spheres represent hydrogen.The formation of natural gas and petroleum
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