February 2025

Introduction to trade

By |2025-02-12T09:36:39+02:00February 12th, 2025|Notes, O Level Geography, Ordinary Level Notes|

Flow of goods and services in trade. Image credit uwaterloo.ca

ZIMSEC O Level Geography Notes: Trade:Introduction

  • Trade, or commerce, involves the transfer of goods or services from one person or entity to another, often in exchange for money.
  • It can also be defined as the flow of commodities and services from producers […]
Read More
Comments Off on Introduction to trade

Trade between developing and developed nations

By |2025-02-12T09:37:14+02:00February 12th, 2025|Notes, O Level Geography, Ordinary Level Notes|

Tobacco is Zimbabwe’s top export product.

ZIMSEC O Level Geography Notes: Trade:Trade between developing and developed nations

  • Developing countries export mostly raw materials to developed countries and the volume of trade among developing countries is generally low.
  • Developing countries have the highest proportion of the world’ population and their economies are […]
Read More
Comments Off on Trade between developing and developed nations

Factors influencing world trade

By |2025-02-12T09:07:09+02:00February 12th, 2025|Notes, O Level Geography, Ordinary Level Notes|

Trucks at the border between Zimbabwe and South Africa. Image credit BBC

ZIMSEC O Level Geography Notes: Trade:Factors influencing world trade

  • There are several factors that influence trade.
  • Some of these factors are:
  • National income

If a country’s income level (national income) increases by a higher percentage than those of other countries, […]

Read More
Comments Off on Factors influencing world trade

Ways in which developing countries can improve trade

By |2025-02-12T09:07:44+02:00February 12th, 2025|Notes, O Level Geography, Ordinary Level Notes|

Processed platinum fetches a higher price than raw platinum

ZIMSEC O Level Geography Notes: Trade:Ways in which developing countries can improve trade

Trade in developing countries such as Zimbabwe can be enhanced by:

  • Diversification of their economies, that is, by producing a variety of new value added manufactured goods.
  • Investing in human […]
Read More
Comments Off on Ways in which developing countries can improve trade

The Southern African Development Community (SADC)

By |2025-02-12T09:08:05+02:00February 12th, 2025|Notes, O Level Geography, Ordinary Level Notes|

SADC Headquarters in South Africa.

ZIMSEC O Level Geography Notes: Trade:The Southern African Development Community (SADC)

  • Regional economic grouping can take the form of free trade areas, custom unions, common markets and economic unions.
  • Free trade areas: there are no trade barriers for the member states of the trade area. Member […]
Read More
Comments Off on The Southern African Development Community (SADC)

The benefits and problems facing SADC

By |2025-02-12T09:08:35+02:00February 12th, 2025|Notes, O Level Geography, Ordinary Level Notes|

Some of the SADC staff.

ZIMSEC O Level Geography Notes: Trade:The benefits and problems facing SADC

Benefits

  • The countries collectively from a large regional market.
  • Jointly, the countries have a diverse resources base. If exploited fully these would stimulate rapid economic growth within the region.
  • Bilateral trade between member states.
  • There are […]
Read More
Comments Off on The benefits and problems facing SADC

Domestic Trade in Zimbabwe

By |2025-02-12T09:09:26+02:00February 12th, 2025|Notes, O Level Geography, Ordinary Level Notes|

A vendor selling his wares

ZIMSEC O Level Geography Notes: Trade:Domestic Trade in Zimbabwe

  • Zimbabwe’s internal trade (domestic trade) is controlled by processing, manufacturing and marketing of agro-based products.
  • The flow of goods starts with the producer of raw materials, through to marketing boards, to manufacture, to wholesalers and retailers and […]
Read More
Comments Off on Domestic Trade in Zimbabwe

Export Processing Zones

By |2025-02-12T09:11:05+02:00February 12th, 2025|Notes, O Level Geography, Ordinary Level Notes|

Export Processing Zone at Beitbridge

Ways of improving Zimbabwe’s export potential

  • One way of improving foreign trade was to introduce the Zimbabwe International Trade Fair (ZITF).
  • This is held annually in Bulawayo as a showcase for Zimbabwe’s products.
  • Zimbabwean companies also participate in trade fairs organized by other countries for example Zambia, […]
Read More
Comments Off on Export Processing Zones

Informal Cross-border trade

By |2025-02-12T09:11:21+02:00February 12th, 2025|Notes, O Level Geography, Ordinary Level Notes|

Cross border buses at RoadPort.

ZIMSEC O Level Geography Notes: Trade: Informal Cross-border trade

  • COMESA defines informal cross-border trade (ICBT) as a form of trade that is unrecorded in official statistics, and is carried out by small businesses in the region.
  • Informal cross border traders are vendors who travel to neighbouring […]
Read More
Comments Off on Informal Cross-border trade
Toggle Sliding Bar Area
Go to Top