Question1: The top 10 trading partners with the United States of America in 2012 were also the 3 largest European economies: Germany, the United Kingdom, and France.

Question 1                                                                                                                  (7 Marks)

  1. The top 10 trading partners with the United States of America in 2012 were also the 3 largest European economies: Germany, the United Kingdom, and France. Use the Gravity Model to examine the reasons why the United States of America would not trade more with Guatemala but trades more with distant countries such as Britain and European Union countries mainly Germany and France.       3 marks
  2. Carbonated water was teamed with the new syrup to produce a drink that was once "Delicious and Refreshing", a theme that continues to echo today wherever Coca-Cola is enjoyed. Following the case study provided to you, consider the countries with the highest consumption of Coca Cola. Examine the factors that explain the changing pattern of trade in Coca Cola since 1886.           4 marks

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