Costs and benefits of changing international relations
I can explain costs and benefits of changing international relationships and the role of foreign investment in Indonesia.
- Year 11
- Edexcel B
Costs and benefits of changing international relations
I can explain costs and benefits of changing international relationships and the role of foreign investment in Indonesia.
Lesson details
Key learning points
- There are costs and benefits of changing international relationships.
- TNCs have brought benefits to Indonesia.
- There are costs to relying on TNCs for Indonesia.
Keywords
Investment - money, resources or support provided by other countries or companies (especially TNCs) to help grow Indonesia’s economy
Globalisation - the process of countries becoming more connected through trade, technology and international relationships
Transnational corporations - TNCs are large companies that operate in several countries; they often have headquarters in one country and factories or offices in others
Common misconception
Foreign companies always take profits back home and give nothing to locals.
Many TNCs invest in local jobs, training, and infrastructure, though some profits do return to the home country.
Equipment
Licence
Lesson video
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