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    Geography A-Level

    Economic Interdependence

    What Economic Interdependence means in Geography A-Level, as defined for Pearson Edexcel.

    Definitions of Economic Interdependence

    Exam boards and our study guides word this term in slightly different ways. Learn the version your board uses.

    The growth of global trade networks and the role of Foreign Direct Investment (FDI) in linking national economies, facilitated by the New International Division of Labour (NIDL).
    Pearson Edexcel · Migration, Identity and Sovereignty
    The shift from military-based power to geoeconomic influence, where trade networks, TNCs, and global financial hubs (e.g., London, New York, Shanghai) define a nation's status.
    Pearson Edexcel · Superpowers
    The influence of the 'Washington Consensus' and the emergence of alternative financial institutions like the New Development Bank (NDB) in challenging Western hegemony.
    Pearson Edexcel · Superpowers
    The reliance of host economies on migrant labor to fill skills gaps and the dependency of source economies on remittance flows for GDP stability.
    Pearson Edexcel · Migration, Identity and Sovereignty

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