Tourism
What is the Thai that we studied as a case study? (spelling essential!)
Koh Pha Ngan
Describe the difference between trade surplus and trade deficit
Surplus is more exports than imports, deficit is more imports than exports
What river is the 3 gorges dam on?
Yangtze River
What is the name of the economic reform in Vietnam?
Doi Moi
continent and country of the location
South America, Peru.
What is the definition of ecotourism?
Responsible travel to natural areas that conserves the environment, sustains the well-being of local people, and involves education or interpretation
Define the terms "Tied Aid" and "Debt Relief"
Tied aid is foreign development assistance that must be spent on goods or services from the donor country or a restricted group of countries
Debt relief is the restructuring, reduction, or forgiveness of debt, allowing individuals or entities to settle outstanding financial obligations for less than the full amount owed or under more manageable terms.
How much did it cost to construct the 3 gorges dam (US$)
30 billion dollar
What year was the economic reforms installed?
1986
2 Environmental impact of mass tourism
mudslides and soil degradation
Explain the multiplier effect in detail.
The mechanism by which initial tourist spending circulates through a local economy, generating additional income, employment, and business turnover. Money spent by visitors on hotels (direct) is re-spent on local goods/staff (indirect) and then spent again by those workers (induced), creating a "multiplying" impact before eventually leaking out.
Explain 3 disadvantages of aid for a country
Corruption, money doesn't reach the right people, country may become reliant, aid may not be useful
Briefly outline cons of construction (3 cons at least)
environmental damage, infrastructure damage(historical landsites), displacement, flooded agricultural land, earths tilt(2cm)
Describe 3 different pillars of the reforms?
FDI: from Nike, LG, Samsung
Reformed workers rights changing how companies can utilise workers
Signed onto many ASEAN
Reduced public subsidies
ect
how many electric buses introduced?
30
Explain 2 advantages of tourism to residents of the destination.
Increased job opportunities, more exchange of culture, improvements in local infrastructure (Schools, Hospital but must have a link to the local area)
Describe what fair trade is and explain the key features of it.
Fair trade is an ethical, alternative trading system designed to empower producers in developing nations, ensuring fair wages, safe working conditions, and environmental sustainability. Key features include guaranteed minimum prices to cover production costs, an added premium for community development, long-term partnerships, and strict prohibitions against child and forced labor
What are 3 different stakeholder opinions?
chinese authorities ( success because intercepted 18.2 billion cubic meters of flood water, renewable energy)
locals (not success - displacement, loss of land without reparation, loss of infrastructure and homes, deaths due to landslides)
environmentalists ( middle - increased earthquakes, flooding from intense rainfall, more environmental costs than benefits, increased use of renewable energy rather than coal so better for environment)
geologists - ( more landslides)
How much did the GDP grow in the following years?
6-7% per year
$230 GDP per capita vs 2300 GDP per capita
Three objects banned?
umbrellas, canes and drones
Explain 3 disadvantages of tourism to the local environment.
Increased use of disposable plastics, increased car use (air pollution), Increased Noise Pollution (link to disturb wildlife) etc.
Describe and explain the banana wars (details required)
The "banana wars" trade war was a decades-long dispute (primarily 1990s–2000s) between the United States and the European Union (EU) over EU import policies favoring bananas from former colonies (ACP nations) over Latin American suppliers, which were dominated by U.S. corporations. The World Trade Organization (WTO) ruled the EU regime violated trade rules, resulting in sanctions before a 2001 compromise.
Give 2 examples of social,economic, and environmental impacts each.
economic: improved trade connections as boats can now fit on river after flooding, created jobs. social: displacement of over 13 cities hundreds of villages (1.3m displaced), improved energy security for surrounding areas, deaths from landslides. environmental: allows pollution downstream due to lack of fresh water, causing seismic activity
Which goods have increased in global exports because of the reforms? And what is their global market share?
Textiles/clothing: 5.9%
Electronics: 3.6%
Agricultural goods: $70 billion dollars in exports
How many visitors allowed a day?
2500