![]() ![]() There is a significant trade imbalance between developed countries and those categorized as developing. Another important phenomenon that may affect the global economy is the process of evaluating goods and products when devising terms and conditions of international trade. They may include aspects that deal with the control of the monetary terms that are spelled out when a country or international body is lending money to another country. Conversely, one of the most common factors that bind together and influence the trend of the global economy is the presence of human activities, which are related to economic activities. The world economy is measured using various indicators such as the production capacity of a country, the level of usage or consumption of important raw materials as well as the level of expenditures between different departments of the organizations of any nation. ![]() ![]() However, it is worth noting that the global economy also refers to the individual national economies that make the aggregate economy of the world collectively. The global economy refers to the economy of the whole world in totality, involving the exchange of goods and services in the international arena. ![]()
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