M1.2: Factors Affecting Trade

Our enquiry

Which factors matter most in shaping a country's trade: its history, or the world today?

Location and history โ†’ Trade today โ†’ Rules and firms โ†’ Interacting factors โ†’ Country comparisons โ†’ Overall judgement

Follow the questions towards your final judgement. At selected handovers, pause briefly to think or discuss. On the full module path, keep a written connection after Who Keeps the Value? and Build the Big Picture.

โญ Your path13 steps. The important knowledge in this module: the backbone you need to practise. Do them in order.0 of 13 done

How do location and history shape trading opportunities?

  1. Syllabus link

    I can sort the factors that shape trade into two families, physical and historical or economic and political, and say how each one works

  2. Syllabus link

    I can explain how location and natural resources give a country a head start, and why they do not decide its trade on their own

  3. Syllabus link

    I can explain how colonial rule set up trade in raw materials, and why many former colonies still trade that way

  4. Syllabus link

    I can explain how colonial rule set up trade in raw materials, and why many former colonies still trade that way

What changes trading opportunities today?

  1. Syllabus link

    I can explain how prices, transport, ICT, money and skills decide which countries join global supply chains and what they earn

  2. Syllabus link

    I can explain how prices, transport, ICT, money and skills decide which countries join global supply chains and what they earn

How do trade rules and firms affect who gains?

  1. Syllabus link

    I can explain how trade blocs, tariffs and TNCs set the rules of trade, and who they tend to reward

  2. Syllabus link

    I can explain how trade blocs, tariffs and TNCs set the rules of trade, and who they tend to reward

How do factors combine rather than act alone?

  1. Syllabus link

    I can explain how the factors combine, why development is partly their result, and how one factor can help one country and hold back another

  2. Syllabus link

    I can sort the factors that shape trade into two families, physical and historical or economic and political, and say how each one works

Why can the same factor produce different outcomes?

  1. Syllabus link

    I can explain how the factors combine, why development is partly their result, and how one factor can help one country and hold back another

  2. Syllabus link

    I can explain how the factors combine, why development is partly their result, and how one factor can help one country and hold back another

When does history matter more than the world today?

  1. Syllabus link

    I can tell the whole story of what shapes a country's trade and answer the big question with a figure for each point

๐ŸŽ“ Seminar prep

Prepare your evidence and arguments for the class seminar.

๐Ÿ”Ž Go deeper ยท 2

๐Ÿ”Ž Go deeperExtension. Pushing for a top grade, or found a step hard? These build on the same ideas, so you can stretch or consolidate.

  • I can sort the factors that shape trade into two families, physical and historical or economic and political, and say how each one works
  • I can tell the whole story of what shapes a country's trade and answer the big question with a figure for each point
๐ŸŽฎ Play & review ยท 10

๐ŸŽฎ Play & reviewTest yourself and make it stick.