International LinkagesThis is a featured page

Four ways in which economies of different nations link:

  • Goods and services flows: Also known as trade flows. Goods and services of one country are imported from and exported to other nations.
    • Example: Imported computer chips and cars from Japan; Cup noodles from China; Kim Chee from Korea, etc.

  • Capital and labor flows: Also known as resource flows. Capital of one country, such as machinary, buildings, are imported and exported to other nations, as well as labor.
    • Example: American teachers in China; cheap labor from developing countries such as China to well-developed ones; sewing machines from ___ to ____.

  • Information and technology flows: Information and technology transmitted are used across nations.
    • Example: Information on U.S. products, prices, interest rates, and investment opportunities of America displayed on the internet and accessed to by other countries.

  • Financial flows: Money is transferred between countries.
    • Example: Paying for imports; foreign aid from the United States during the post-World War II Marshall PlanInternational Linkages



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