AQA A-Level Geography 7037
Water and Carbon Cycles
Hot Desert Systems and LandscapesLandscape
Coastal Systems and LandscapesLandscape
Glacial Systems and LandscapesLandscape
HazardsHazards or ecosystems
Ecosystems Under StressHazards or ecosystems
Global Systems and Global Governance
Changing Places
Contemporary Urban EnvironmentsHuman option
Population and the EnvironmentHuman option
Resource SecurityHuman option
Global Systems and Global Governance
Global Flows of Capital, Labour, Goods and Information
- 4 things to know
- Component 2
Overview
Recall questions on foreign direct and portfolio investment and remittances, permanent and temporary migration of skilled and unskilled workers, containerisation and supply chains, flows of financial, tourism, education and business services, digital networks, and global marketing by TNCs.
What you need to know
Answer each one before you reveal it.
How do financial services flow across borders as part of globalisation?
How does education function as a globalised service?
Describe temporary migration, tourism and business services as global flows.
Questions from this subtopic
Each one with the model answer underneath.
- 1
What is foreign direct investment in the context of globalisation?
Model answer
Investment by a company or individual in one country into business interests in another country, typically involving ownership or control of productive assets such as factories or subsidiaries.
- 2
How does portfolio investment differ from foreign direct investment?
Model answer
Portfolio investment involves purchasing financial assets like stocks and bonds in foreign countries without gaining controlling ownership, whereas FDI involves direct ownership or control of business operations.
- 3
What are remittances and how do they represent capital flow in globalisation?
Model answer
Remittances are money transfers sent by migrant workers back to their home countries, representing a significant flow of capital from wealthier to poorer nations.
- 4
How does permanent migration contribute to the global flow of labour?
Model answer
Permanent migration involves people relocating indefinitely to another country, redistributing labour supply and skills across national boundaries on a long-term basis.
- 5
What role does temporary migration play in globalisation?
Model answer
Temporary migration involves workers moving to another country for a limited period, filling seasonal or short-term labour demands before returning home.
- 6
Why are skilled workers significant in the global flow of labour?
Model answer
Skilled workers possess specialised qualifications or expertise that are in demand internationally, leading to brain drain from some countries and brain gain in others.
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