The World Economy

Abstract

The world economy is the aggregation of the movement of goods and services worldwide together with their concomitant activities, most importantly the movements of technology, information and currencies. When we speak of the world economy, we emphasize the unity of the globe; when we speak of the international economy, it is accepted that national economies are strongly preserved as units within nation states, as a result of which the international economy concerns activities that take place among various national economies.