Why is it important to participate in a global economy? Write a paragraph of two to three sentences that explains your answer.

It is important as the global economy, t is also affected by its trade and financial linkages with the rest of the world. Global economic developments play an important role in driving activity and financial markets.

The global economy is defined as the international exchange of goods and services. These goods and services are expressed in monetary units to be considered as trade internationally. In recent years, a global economy has become our normal and working with other countries to make the most of the good and services is what allows for a strong economy to be formed