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It is the integration of national economies into the international economy through trade, foreign direct investment, capital flows, migration, the spread of technology, and military presence.

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Vicenta Nienow

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3y ago

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Wiki User

12y ago

Global economy refers to the expansion of economies beyond national borders, in particular, the expansion of production by transnational corporations to many countries around the world. The global economy includes the globalization of production, markets, finance, communications, and the labor force.

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15y ago

America has the highest rate of consumption per capita. When America's government and the Federal Reserve (a privately owned corporation) inflate the money supply, making its currency less valuable, buying power is decreased, and the entire economy suffers. Then no foreign power wants to invest in the US economy, which consumes most of the goods. On top of that, inflated US dollars are used to trade/buy other currencies, which deflates the values of the currencies they are purchasing.

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Q: What is global economy crisis?
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The recent Global Economic Crisis is one example of many


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