Economic interactions and flows
- Examine the importance of loans, debt repayment, development aid, remittances, foreign direct investment and repatriation of profits in the transfer of capital between the developed core areas and the peripheries.
- Examine the influence of governments, world trading organizations and financial institutions (such as the World Trade Organization, International Monetary Fund and World Bank) in the transfer of capital.
- Explain the causes and effects of one major flow of labour between two countries.
- Explain the role of ICT in the growth of international outsourcing.