(1ai)
Domestic trade:
(i) Domestic trade is carried on within the
boundaries of one country .
(ii) In Domestic trade goods are carried on from one place to another place through railways and roadways .
(iii) In Domestic trade payment is made or
received in local currency .
(iv) In Domestic trade wide choice of goods are available .
(1aii)
International Trade:
(i) Separation of Buyers and Producers
(ii) Foreign trade involves payments in foreign currency .
(iii ) Restrictions: Imports and exports involve a number of restrictions but by different countries .
(iv ) there is Need for Middlemen:
(1b)
(i) By use of improved means of transportation and communication links
(ii) By the use of fixed currencies
(iii) Improvement in the level of technology
(1c)
(i) Exports create jobs and boost economic growth
(ii) International trade give domestic companies more experience in producing for foreign markets. Over time, companies gain a competitive advantage in global trade.
(iii) Imports allow foreign competition to reduce prices for consumers which help boost economy in Tropical Africa
(2a)
(i) France
(ii) Egypt
(iii) Spain
(iv) China
(2b)
(i) Climate: Areas with favourable climate like Europe, china, USA etc attract populaion
(ii) Availability of water: Areas wherewater is available for both human and agricultural purposes like USA, India ect attract population.
(iii) Relief: Lowlands and river valleys like Nile, delta, low plateaux ttract population
(iv) Agriculture: Areas where agriculture is widely practiced like India, China, etc attracts population
(2c)
(i) Natural resources like fertile farmlands, become over exploited where there is high population growth
(ii) Areas of high population densities are usually associated with high crime rate like armed robbery, car snatcher, hired assassin etc. These may be due to lack of jobs; hence people resort in crimes
(iii) Areas of high population densities usually do not have enough jobs for the ever increasing influx of people. This leads to unemployment and underemployment
(iv) High population concentration leads to scarce or poor accommodation as the house available may not be enough for the high population
3a)
I ) It creates better accessibility to markets .
Ii ) It creates employment and additional investments .
Iii ) It leads to reduction in economic cost of commodities .
Iv ) Transportation links together the factors of production in a complex web of relationships between producers and
consumers.
v ) It leads to improvement in communication of skills and ideas .
3b)
i ) It limits diffusion of ideas and technology: Poor transportation limits the diffusion of the new ideas and technology or innovations which contributes to economic growth
ii) It limits industrial growth: Poor transportation does limit industrial growth as raw materials, services and finished goods are not easily transported to the points of their need .
iii ) It discourages investors: Investors are usually discouraged where there are poor development in transportation
iv ) Inadequate exploitation of natural resources : Poor transportation can limit effective exploitation of natural resources in the area which tends to affect the Economic growth of a nations
v ) inefficient transportation
increases the costs of commodities .
4a)
I ) The absence of the tse - tse fly on the open grassland allows for rearing of animals .
Ii ) Availability of Minerals such as kaolin , gypsum , limestone, laterite, red
mills , phosphate both yellow and green, shade clay, sand allow for situation of cement industry in the area .
Iii ) Large scale farming can also be practiced in the state using irrigation water from dams .
Iv ) Farming activities due to availability of fertile land .
5a)
drawing coming
5b)
I ) poor transportation and communication links
Ii ) taste for foreign goods
Iii ) low level of technology
Iv ) Government policies that are not friendly to industrial development .
v ) inadequate capital,
5c)
I ) Improvement of transportation and communication links
Ii ) Banning of importation of certain goods
Iii ) Improvement in level
of technology
Iv ) Changing Government policies that are not friendly to industrial development .
v ) Provision of adequate capital to entrepreneurs by government in form of loan