Flows of Capital, Labour, Products, Services and Information (AQA A-Level Geography): Flashcards
📚Flashcards
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Practise the cards
10 cards from this deck
3 dimensions of globalisation
3 dimensions of globalisation
Economic, Cultural/Social, Political
BRIC countries
BRIC countries
Brazil, Russia, India, China
MINT countries
MINT countries
Mexico, Indonesia, Nigeria, Turkey
International capital flows
International capital flows
Money moving between countries for investment, trade, production
2018 remittances value vs ODA
2018 remittances value vs ODA
$529bn, over 3x Official Development Assistance
Containerisation
Containerisation
Standardised transport using large steel containers
Economic leakage
Economic leakage
Loss of income from system; profit repatriation by TNCs
High-level services examples
High-level services examples
Finance, investment, advertising (to businesses)
Economies of scale
Economies of scale
Cost advantages from larger size/output/scale of operation
UN remittance cost target by 2030
UN remittance cost target by 2030
Reduce to 3% (from 7% average)