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Disruptions in one place have effects else where.

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Q: Why do globalization and increasing interdependence pose risks to the global economy?
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Related questions

What is the interdependence of the global economy generally called?

globalization


What are the current trends in Globalization?

Global wealth is less evenly distributed. Due to globalization The wealth gap is growing larger Outsourcing is becoming more common


What is the definition of global independence?

Global independence is the right of nations to maintain their own sovereignty. It is the opposite of global interdependence, and therefore is being threatened by globalization.


What is one of the downsides of increasing economic interdependence?

Economic interdependence can cause chain reaction such as the situation we are in right now. America's economy crashed due to the housing bubble and the other economys of the world crashed with America's.


What does interdependence mean when it comes to globalization?

Mutual dependence at a global level. One country depends on another country for something and that country may depend on another country, which eventually creates global interdependence. Importing and exporting of goods and services highly contributes to global interdependence. Certain commodities such as oil have created a global interdependence between countries that produce the precious commodity and those that covet it.


What is the movement from many local economies to one global economy is called?

globalization.


How should unions deal with increasing globalization of business?

How should the union movement respond structurally to the increasing globalization of business?


Define globalizationhow has it helped the Indian economy?

Globalization has helped the Indian economy by helping it to identify its weaknesses, such as a lack of infrastructure, so that it can fix these problems and become full participants in the global marketplace. Globalization brought India the technology that it needed to compete in the global marketplace.


What is globalization and how does it affect the American economy?

Its the economy going ever more global. It means American businesses have to work on the global market rather than just the American one.


Increasing specialization within the global economy depends in what?

International trade Apx


Increasing specialization within the global economy depends on what?

International Trade


What was the primary cause of global interdependence?

The Major Cause of the Global Crisis