EconomicsCode 9708
Relationship between countries at different levels of development
What this topic asks you to be able to do
- international aid: the types of aid given; the motives for providing aid; the impacts of aid; the significance of aid
- trade and investment
- the function of multinational companies (MNCs): the meaning of an MNC; the actions taken by MNCs; the effects of MNCs
- Foreign Direct Investment (FDI): what FDI is; the consequences FDI has
- external debt: the reasons a country comes to owe debt abroad; the results of owing external debt
- what the International Monetary Fund (IMF) does
- the part played by the World Bank