Question

Which of the following type of economy deals with the rest of the world?​

Answer 1

Answer:

The world economy or global economy is the economy of all humans of the world, referring to the global economic system that includes all economic activity within nations and between nations, including production, consumption, economic management, exchange of financial values and trade of goods and services.

Answer 2

• The world economy or the global economy is the economic system of all human beings of the sector, relating to the worldwide monetary machine which incorporates all monetary sports which might be performed each inside and among nations, inclusive of production, consumption, monetary management, paintings in general, trade of monetary values and alternate of products and services.

• In a few contexts, the 2 phrases are distinct "international" or "international economic system" being measured one after the other and outstanding from countrywide economies whilst the "international economic system" is genuinely an mixture of the separate countries' measurements. Beyond the minimal widespread regarding price in production, use and trade, the definitions, representations, fashions and valuations of the sector economic system range widely.