World Trade Guided Notes
APHG Unit 7 • Topic 7.6
World Trade & the Economy
Follow-Along Guided Notes & Flashcard Lab
PowerPoint Alignment: Slides 1–10
Name:
Period:
Date:
Directions: Follow the slides, fill in all blanks, and write responses. In the right margin, review vocab terms & complete your flashcards (write an example + sketch a symbol)!
W Warm-Up | Your Shirt Tag (Slide 2)
Where was your shirt made?
What steps brought it to you?
1 | Why Countries Trade (Slides 3–7)
CED 7.6.A
Complementarity: Two places trade because each has something the other or .
Example: Japan exports technology; Australia supplies materials.
Comparative advantage: A country can produce a product at a lower cost. Countries in what they do efficiently.
Example: Brazil → ; Canada → .
Why can specialization increase interdependence?
2 | Neoliberalism and Trade Groups (Slides 8–10)
CED 7.6.B
Neoliberalism supports markets, privatization, reduced government , and free trade.
A trade agreement reduces barriers such as and quotas.
Trade groups: USMCA = U.S., , Mexico; EU = European countries;
Mercosur = South American trade cooperation; WTO oversees global trade .
A supranational organization is:
One benefit of freer trade:
One drawback of freer trade:
Flashcard Side Notes
Unit 7 Vocab List Alignment
Complementarity CARD
Def: Trade when one place supplies another's needs.
✏️ Write example & draw on card! ✓
Comparative Advantage CARD
Def: Ability to produce at lower opportunity cost.
✏️ Write example & draw on card! ✓
Neoliberalism CARD
Def: Policies emphasizing markets, privatization & deregulation.
✏️ Write example & draw on card! ✓
Trading Blocs / WTO CARD
Def: Countries cooperating to reduce trade barriers; WTO oversees rules.
✏️ Write example & draw on card! ✓
AP Human Geography • Topic 7.6 World Trade & the Economy Page 1 of 3
APHG Unit 7 • Topic 7.6
Government Policies & Special Zones
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PowerPoint Alignment: Slides 11–21
3 | Government Policies: Tariffs and Subsidies (Slides 11–17)
CED 7.6.C
Tariff = a on imported goods. It can protect local companies, but raise prices for companies that use imported materials.
Subsidy = government given to support businesses or industries.
EU farm subsidies: Farmers can sell goods more , but farmers in developing countries may struggle to .
THINK • PAIR • SHARE — Tariffs
THINK (1 min): Who benefits when the U.S. taxes imported Chinese steel?
PAIR (2 min): Why might U.S. car companies dislike higher steel prices?
SHARE (1 min): Do tariffs help everyone? Explain:
Stem: "Tariffs help because , but hurt because ."
4 | Special Zones and Local Development (Slides 18–21)
CED 7.6.D
FTZ = Free Trade Zone: special customs rules for importing, making, and re-exporting goods.
SEZ = Special Economic Zone: different rules to attract foreign .
Examples: Shenzhen, China; maquiladoras near the U.S.–Mexico border.
Local strategies: tax incentives, industrial , and zoning laws (e.g., Texas factory breaks; Irving warehouse zones).
THINK • PAIR • SHARE — Special Economic Zones
THINK (1 min): Why would a company choose to build in an SEZ?
PAIR (2 min): How might new factories help nearby residents?
SHARE (1 min): How could an SEZ create uneven development?
Stem: "SEZs attract and create , but may ."
Flashcard Side Notes
Unit 7 Vocab List Alignment
Free Trade & Tariffs CARD
Def: Trade with few barriers vs taxes on foreign imports.
✏️ Example + draw on card! ✓
SEZ CARD
Def: Area with special business rules to attract investment.
✏️ Example + draw on card! ✓
FTZ CARD
Def: Area with special customs rules for duty-free goods.
✏️ Example + draw on card! ✓
Maquiladoras CARD
Def: Mexican factories assembling goods for export near US border.
✏️ Example + draw on card! ✓
AP Human Geography • Topic 7.6 World Trade & the Economy Page 2 of 3
APHG Unit 7 • Topic 7.6
Financial Crises, Trade Scenarios & Exit Ticket
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PowerPoint Alignment: Slides 22–36
5 | Financial Crises and Development (Slides 22–25)
CED 7.6.E
Financial crisis = a major problem with banks, , or money that can spread globally. Example: 2008 crisis.
• IMF gives loans to countries in trouble.
• World Bank funds long-term projects such as and hospitals.
Development strategies:
• Microlending = loans to start businesses.
• Export-led growth = produce goods to sell .
• Debt relief = reduce or forgive .
6 | Would You Trade? (Slides 26–36)
APPLICATION
Choose THREE slide scenarios. Write YES or NO and support each choice with a geographic/economic reason (use vocab terms!).
Scenario / slide: YES / NO:
Reason (use a vocabulary term):
Scenario / slide: YES / NO:
Reason (use a vocabulary term):
Scenario / slide: YES / NO:
Reason (use a vocabulary term):
Exit Ticket
Explain ONE way global trade can help an economy AND ONE way it can create problems:
Flashcard Side Notes
Unit 7 Vocab List Alignment
IMF CARD
Def: Institution providing financial assistance/emergency loans.
✏️ Write example & draw on card! ✓
Microloans CARD
Def: Small loans to people with limited access to banks.
✏️ Write example & draw on card! ✓
Commodities CARD
Def: Basic raw goods traded in markets (oil, coffee).
✏️ Write example & draw on card! ✓
Industrial Parks CARD
Def: Grouped zones of factories & warehouses with shared transport.
✏️ Write example & draw on card! ✓
AP Human Geography • Topic 7.6 World Trade & the Economy Page 3 of 3
Global Shifts Guided Notes
APHG Unit 7 • Topic 7.7
Changes as a Result of the World Economy
Follow-Along Guided Notes & Flashcard Lab
PowerPoint Alignment: Sections 1–2
Name:
Period:
Date:
Directions: Follow the slides, fill in blanks, and write your responses. In the right column, review terms from your Unit 7 CSV list and create study flashcards (definition, example + drawing)!
1. Outsourcing and Economic Restructuring
CED 7.7.A
Outsourcing means hiring another to perform work, often to lower .
Economic restructuring shifts an economy from jobs toward and technology jobs.
The U.S. Belt experienced factory closures, unemployment, and population loss.
Compare Detroit and Silicon Valley: Which gained technology jobs? Which lost industrial jobs? Explain:
2. Newly Industrialized Countries & Manufacturing Zones
CED 7.7.B
Name TWO benefits that manufacturing growth brings to NICs:
1. 2.
Name ONE challenge of rapid industrial growth:
• SEZ = special rules to attract .
• EPZ = production for .
• FTZ = special customs rules for goods.
The example of a Chinese SEZ in the slides is .
Flashcard Side Notes
Unit 7 CSV List Alignment
Outsourcing CARD
Def: Hiring an outside firm to do work.
✏️ Write example & draw on card! ✓
Consequences of Shifts CARD
Def: Social & spatial impacts of economic shifts.
✏️ Write example & draw on card! ✓
Offshoring CARD
Def: Moving business activity abroad.
✏️ Write example & draw on card! ✓
TNC / MNC CARD
Def: Company operating across national borders.
✏️ Write example & draw on card! ✓
AP Human Geography • Topic 7.7 Changes from World Economy Page 1 of 3
APHG Unit 7 • Topic 7.7
International Division of Labor & Production Systems
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PowerPoint Alignment: Sections 3–4
3. International Division of Labor
CED 7.7.C
Core countries often specialize in , research, finance, and product design.
Semi-periphery and periphery countries often specialize in and assembly.
