Economic interactions and flows


3. 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.
8 hours
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.