This class is designed to give you some insight into the enormous differences in economic environments faced by businesses around the world: how the environment in the United States differs from that in (say) France, China, or Mexico.

The U.S. economy is an example of a global economy since it plays an important role in globalization. As the largest economy in the world, its output impacts the development of other economies. If it suffers from a natural disaster or other events, the economic downturn will affect all the other economies.

The world economy or global economy is the economy of all humans in the world, referring to the global economic system, which includes all economic activities conducted both within and between nations, including production, consumption, economic management, work in general, financial transactions and trade of goods and ...

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