What is your overal thought on global
economy?
Answers
Answer:
Summary of global economy
The global economy refers to the interconnected worldwide economic activities that take place between multiple countries. ... It refers to the exchange of goods and services between different countries, and it has also helped countries to specialise in products which they have a comparative advantage in.
Explanation:
here is your answers
Answer:
The global economy has changed significantly over the past few decades, in the way that it is organised and governed by collaborating nations. These changes have repercussions that not only affect the flow of goods and services between countries, but also the movement of people. As we’ve seen on occasions over the last century, too great a fluctuation in this international economic system can lead to a global economic crisis.
So what exactly is the global economy, how does it function, and how does it affect our lives? Here we take a closer look to help you understand the complexities of the force that governs the modern world!
What is a global economy?
The global economy refers to the interconnected worldwide economic activities that take place between multiple countries. These economic activities can have either a positive or negative impact on the countries involved.