Global economies refer to interconnected economic systems involving countries around the world. It involves trade relationships, investments across borders, international markets, and global supply chains.
Related terms
National economies: National economies are the economic systems within a specific country or nation.
Trade agreements: Trade agreements are agreements between countries that reduce barriers to trade, such as tariffs and quotas.
Globalization: Globalization is the process of increasing interconnectedness and interdependence among countries through trade, communication, and cultural exchanges.