_____ economy is an economy in which companies compete actively with businesses from around the world.

Question

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In a global economy, companies compete with businesses from around the world, leading to interdependence and a high level of connectivity between countries. This is different from a closed economy (A), which operates independently without significant trade or interaction with other nations. An informal economy (C) refers to economic activity that is unregulated or outside of the formal sector, while autarky (D) describes a closed economy in which a country relies solely on its own resources and does not participate in international trade. Micro economy (E) refers to the study of individual markets and small-scale economic activity.

_____ Economy Is an Economy in Which Companies Compete Actively