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Globalization leads to interdependence among nations because it brings some nations money and others are brought into poverty. Globalization is good and bad for any nation.
Growing international trade and rising standards of living
interstate trade
Andrew rules
International trade theorists feel that even if nations trade freely, smaller nations become increasingly dependent on richer states whose actions end up depleting the natural resources of the smaller country slowing their progress.
Causes of interdependence among nations include globalization, advancements in technology, and international trade. This interdependence results in increased economic cooperation, cultural exchange, and global interconnectedness. It also fosters mutual reliance on each other for resources, knowledge, and security.
Globalization leads to interdependence among nations because it brings some nations money and others are brought into poverty. Globalization is good and bad for any nation.
Growing international trade and rising standards of living
Other concerns affect many nations. Such issues include climate change, pollution, and trade. Nations often hold talks with one another to discuss these matters. -ConnectED
world trade organization
interstate trade
The United Nations Commission on International Trade Law.
yes
interstate trade
Nations depend on other countries to buy their surplus goods so that they in turn can buy the products and raw materials they need.
Andrew rules
Increased global trade and economic cooperation, advancements in technology and communication, and the growing interconnectedness of markets and supply chains are the main drivers of interdependence among nations. This can lead to a mutual reliance on each other for resources, expertise, and support, fostering collaboration and interconnectedness on a global scale.