International Linkage

1 Jul

International Linkage

There are several economic flows that link one country’s economy to other national economies and these are:

  • Resource flows or Capital and labor flows– One country can establish its capital in a foreign countries. Labor force also moves from one country to another. Each year millions of people move to other countries.
  • Trade flows or Goods and service flows- To improve their economic situation countries import and export goods and services.
  • Financial Flows- Money is transferred between countries because of several reasons: paying for imports, paying interest on debt, providing aid for some countries.
  • Informational and technology flow- Countries transmit each other information about their prices of goods and services, investment opportunities. Countries use one others technology in order to have the most efficient output.

Let’s take for example Latvian economy.

International Linkage

Advertisements

6 Responses to “International Linkage”

  1. Edith July 1, 2012 at 8:07 PM #

    My son is studying economics too. I shall pass on the link to him. Very nice blog – lovely presentation!

    • justdan93 July 1, 2012 at 8:33 PM #

      I try to post here the best information i find. I’m pleased that you like it!

  2. URL July 6, 2012 at 4:38 PM #

    Hi there, just became aware of your weblog by means of Google, and located that it is actually informative. I’m gonna watch out for brussels. I will appreciate should you continue this in future. Lots of folks will likely be benefited from your writing. Cheers!

  3. triggerpoint.massagefee.com July 13, 2012 at 12:30 PM #

    I discovered your blog website on google and verify a couple of of your early posts. Continue to preserve up the superb operate.

  4. Óbuda July 13, 2012 at 6:31 PM #

    I like your writing style, which is simple but very meaningful!

  5. learn more July 16, 2012 at 6:17 AM #

    Some genuinely good and utilitarian information on this internet web site , likewise I feel the layout has wonderful capabilities.

Leave a Reply (don't forget to subscribe) :

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: