Let $V/k$ be a variety. There seems to be a well-known correspondence between non constant elements of the function field $K(V)$ and dominant rational maps $V\dashrightarrow\mathbb{P}^1$. Furthermore, this correspondence seems to have good properties. However, I don't know exactly how to work with it.
I know there is a correspondence between dominant rational maps $f$ from $V$ to $\mathbb{P}^1$ and function field inclusions $K(\mathbb{P}^1)\to K(V)$. Since $K(\mathbb{P}^1)=K(T)$, I guess the correspondence should be given by $T\mapsto f$. However, I have some problems with this construction:
I am not sure how it works explicitly. For example, $f^{-1}(0)$ and $f^{-1}(\infty)$ are supposed to correspond to the set of zeros and poles of the rational function $f\in K(X)$. I guess the correspondence I did above should be equivalent to pulling back $T\in K(\mathbb{P}^1)$ by the rational map $f$, in which case that would make sense. Am I right?
If $k$ is not algebraically closed, not all elements of $K(X)\setminus k$ will be transcendental over $k$, so it seems like the correspondence above will not work. Is there a way to correct it? I have seen applications of the fact that don't seem to assume the base field is algebraically closed (for example, I'm reading a result in Fulton's Intersection Theory that uses this correspondence).