Globalisation - "Describe the main features of the global economy and examine the nature and extent of interdependence between economies."
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The 'global economy' describes the inevitable process of increasing integration between different economies to create a worldwide global village. This not only means that international influences may have a large impact on aspects of economic activity, but because of this interrelation, synchronization between economies may also occur. This has been clearly illustrated by recent trends, particularly after the September 11th terrorist attacks, when the world's largest economy dubbed the "growth engine" United States experienced a downturn in their levels of economic activity. Due to this cl…
- Globalisation - "Describe the main features of the global economy and examine the nature and extent of interdependence between economies."
- Labour relations in Latvia
- The Hechsler - Ohlin Theory
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