globalised economy
Pronunciation
Noun
B2 Upper-intermediate
Quick answer
An economic system in which trade, investment, and production are closely connected across national borders rather than confined within one country.
Test yourself
Which word fits the gap? "A factory closure on one continent can affect jobs on another in today's _____."
Answer: globalised economy
In your own words, what does "globalised economy" mean?
An economic system in which trade, investment, and production are closely connected across national borders rather than confined within one country.
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