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Question
question 15 (2 points)
the one key word that could be used to describe todays international economy is
interdependency.
protectionism.
self - sufficiency.
bankruptcy.
isolationism.
In today's globalized world, countries' economies are highly interconnected. Trade, investment, and financial flows link nations. For example, a supply - chain disruption in one country affects production in others. This mutual reliance means economies depend on each other (interdependency). Protectionism (restricting trade) and isolationism (avoiding international ties) go against the trend of global economic integration. Self - sufficiency is nearly impossible for most countries due to resource limitations. Bankruptcy is a firm - or country - specific financial state, not a characteristic of the international economy as a whole.
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interdependency.