Economic Interactions and Flows

Economic interactions and flows

Financial 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.

Labour flows

• Explain the causes and effects of one major flow of labour between two countries.

Information flows

• Explain the role of ICT in the growth of international outsourcing.