Question #231a9

1 Answer
Nov 9, 2017

Internationalization of the economy

Explanation:

Globaliation leads to interdepence between economies of countries. Each country is dependent on foreign imports for its economic welfare, its economy very often relies on exports. Consumers are dependents on goods made throughout the world and businesses have to adapt to that trend. The USA and most western countries are dependent on oil imports for instance for their economy.