AA. International Politics and Trade:
AA (1). International Trade:
International trade is the exchange of capital goods and services across international borders or territories. In most countries, such trade represents a significant share of gross domestic product (GDP).When trade takes place between two or more nations factors like currency, government policies, economy, judicial system, laws, and markets influence trade.
a) Global Top 10 Exports products in 2015: in Billion $
(1 Billion $ = INR 7,000 Crores)
1. Crude Oil ….. 786 B$
2. Cars. …… 673 B$
3. processed Petroleum Oil…606 B$
4. Phone System. ……. 532 B$
5. IC/Micro accembles.. 516 B$
6. Automobile parts.
Accessories …….. 349 B$
7. Medicals mixes in dose…. 322 B$
8. Computers Optical Readers.320 B$
9. Gold. …… 297 B$
10. Petroleum Gas. …… 250 B$

b) Globally top 10 economics: Countries by
(1 Trillion $ = INR 70,00,000 Crores)
1. USA Nominal GDP ..19 Trillion $
2. China “. ” ”. ”. …12 Trillion $
3. Japan “. ” ”. ”. 4.88 Trillion $
4. Germany. 3.70 Trillion $
5. UK …….. 2.98 Trillion $
6. India ……. 2.61 Trillion $
7. France. ….2.58 Trillion $
8. Italy. ….. 2.16 Trillion $
9. Brazil. ….. 2.05 Trillion $
10. Canada. ….. 1.82 Trillion $
In 2014, according to the CIA’s World Factbook, the GWP was around US$78.28 trillion in nominal terms and totaled approximately 107.5 Trillion international dollars in terms of purchasing power parity (PPP).The 173 countries outside the top 20 make up less than a fifth of the total global economy…

c) Globally top 10 companies: Revenue Billion $ in 2017
There are several parameters by which the richest companies in the world are ranked. These include market cap, revenue, profits, and brand value.
1. Walmart USA – B$ 486
2. State Grid Corporation of China. – B$ 315.
3. Sinopec Group – B$ 267
4. China National Petroleum Corporation– B$ 263
5. Toyota Motor – B$ 255
6. Volkswagen – B$ 240
7. Royal Dutch Shell– B$ 240
8. Berkshire Hathway–B$ 224
9. Apple Inc. – B$ 216
10. Exxon Mobil –B$ 205

d) Globally top 10 countries by Populations:
1. China 1,420 million
2. India 1,369 million
3. U.S.A 329 million
4. Indonesia 270 million
5.,Brazil 212 million
6. Pakistan 205 million
7. Nigeria 201 million
8. Bangladesh 168 million
9. Russia 144 million
10. Mexico 132 million
11. Japan 127 million

AA.(2) International Politics
a) United Nations:There are 195 countries in the world today. This total comprises 193 countries that are member states of the UnitedNations and 2 countries that are non-member observer states: the Holy See and the State of Palestine.
b) The G8 Nations: The G8 nations namily Canada, France. Germany, Italy, Japan, Russia (suspended in 2014), United Kingdom, United States European Union comprised 50 percent of 2012 global nominal GDP.
c) G – 20 Nations: Argentina, Australia, Brazil, Canadam China, European Union, France, Germany, India, Indonesia, Italy, Japan, Mexico, Russia, Saudi Arabia, South Africa, South Korea, Turkey, United Kingdom, United States. Membership of the G20 consists of 19 individual countries plus the European Union. The EU is represented by the European Commission and by the European Central Bank.
d) Collective Trade of G-20:
The G20 economies account for around 90% of the gross world product (GWP), 80% of world trade (or, if excluding EU intra-trade, 75%), two-thirds of the world population and approximately half of the world land area.
e) OPEC: Organization for Petroleum Exporting Countries
14 states(January 2019): Algeria
Angola, Congo, Ecuador, Equatorial Guinea, Gabon, Iran, Iraq, Kuwait
Libya, Nigeria, Saudi Arabia, U A E,
Venezuela,

 

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