How economic activities and economic agents are interdependent?
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Economic interdependence is a system by which many companies are economically dependent upon each other. On a macroeconomic level, this can involve many countries being economically dependent upon each other as well. ... This is where each nation and their economies are dependent on other nations for products and goods.
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ECONOMIC INTERDEPENDENCE IS A SYSTEM BY WHICH MANY COMPANIES ARE ECONOMICALLY DEPENDENT UPON EACH OTHER. ON A MACROECONOMIC LEVEL, THIS CAN INVOLVE MANY COUNTRIES BEING ECONOMICALLY DEPENDENT UPON EACH OTHER AS WELL. ... THIS IS WHERE EACH NATION AND THEIR ECONOMIES ARE DEPENDENT ON OTHER NATIONS FOR PRODUCTS AND GOODS.
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