Reducing the development gap GCSE CGP P 86/87

The Development gap is the difference in standard of living between the world's richest and poorest countries.

• True

• False

................................ is when people or companies in one country buy property or invest in infrastructure in another country.

• Free Direct Investment

• Foreign Direct Investment

• Foreign Developed Infrastructure

Foreign-direct investment leads to better access to .............

• expertise

• finance

• technology

• all of these

Foreign Direct Investment results in...............

• improved infrastructure

• Improved

  industry

• Increase in services

• All of these

Between 1987 and 2018, which country received more than US$182 billion of FDI?

• China

• Indonesia

• Vietnam

Give examples of two industries that received a slice of the US$182 billion of FDI given to Vietnam.

• aircraft engines

• manufacture of motorbikes

• telecommunication

There are two main financial categories to reduce the development gap. Name them.

• Aid

• Tourism

• Trade

Many countries and TNCs put money and expertise in LICs and NEEs to increase their profits. Which of the following strategies best describes that process?

• Debt relief

• Investment

• Microfinance loans

Investment is very beneficial for a country, as it provides employment and income from abroad. As economies grow, poverty decreases and education improves.

• True

• False

Aid is money or resources given to a country by a charity or foreign government. Typical examples are ........ and medicine