What is the term for the condition in which national economies become inextricably entwined in the global economy, as political and business elites design strategies for continued growth and prosperity around access to foreign markets, labor, and capital?
A)Co-decision
B)Multinational corporations
C)Interdependence
D)Functionalism
E)None of the above

Question

Quizplus · Accepted Answer

The term for the condition described is interdependence. Interdependence is a state in which the economies of different countries are closely linked and affect each other. This is often seen as a positive development, as it can lead to increased trade and economic growth, but it can also create vulnerabilities and dependencies that can lead to instability.

What Is the Term for the Condition in Which National