Spain's Trade Balance, Capital Flows and Agricultural Landscapes
Classified in Geography
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Vocabulary
Trade Balance
Goods are the difference between the value of a country's exterior sales and purchases from other countries. When a country buys more than it sells, the trade balance is regarded as deficient. When it sells more than it buys, it has a surplus.
The balance of trade is an exchange between countries of both services and materials. A country whose imports exceed its exports, including financial services, is in deficit. Spain is considered to be in surplus in this respect.
Flows of Capital
Large amounts of money move around the world to fund loans, buy or sell companies, or invest in shares.
Information Flow
News and knowledge circulate quickly, allowing immediate diffusion thanks to new technologies such as the Internet and mobile phones.
High-Speed Rail (HSR)
High-speed rail (HSR) offers great advantages: it occupies little land and energy per passenger, and it can carry many goods and people.
Rapid Train
The rapid train (RT) uses existing infrastructure that is slower than high-speed lines, and it is cheaper to build and operate (EuroMed alternative).
Continental or Interior Agrarian Landscape
Dry agriculture produces mainly cereals, vines and olives. Irrigated land is used for growing crops. Livestock farming of cattle and sheep is common, particularly in the valleys of the Ebro, La Rioja, Navarre and Aragon.
Atlantic Agrarian Landscape
The agrarian landscape of the North Atlantic runs along the peninsula's northern coast, including Galicia, Asturias, Cantabria and the Basque Country. It is an area of humid climate and mountains.
Bovine livestock predominates, reared extensively or semi-extensively. Deciduous forest covers the land, and the region produces dairy, cereals, apples and other fruit.
Mediterranean Agrarian Landscape
This landscape extends along the coast from Catalonia to the border with Portugal, including the Ebro valley and the depression of the Segura.
It is based on agriculture, with fruit, vegetables and other crops. Pig farming and intensive poultry farming are also important.
Landscape of the Balearic and Canary Islands
The terrain is rugged and uneven, which makes farming difficult, and water is scarce. Crops vary across the archipelagos, and settlement is dispersed throughout the islands.