Geography, asked by shivambmgo, 5 months ago

Define interdependence in trade

Answers

Answered by madhurane78

1

Explanation:

Economic interdependence is a consequence of specialization or the division of labour. The participants in any economic system must belong to a trading network to obtain the products they cannot produce efficiently for themselves.

Answered by ButterflyUSR

3

Answer:

Economic interdependence is a system by which many companies and nations are economically dependent upon each other. ... A by-product of economic interdependence has been globalization, which is where each nation and their economies are dependent on other nations for products and goods.

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