Understanding the International Economy

INTRODUCTION:

In this essay we're going to evaluate the global economy. We want to start talking about the times we're living and the processes that the world is determined by. We should explain as main topics that the globalisation term has a nearly infinite capacity to inflate.

For introduce the rest of the essay we can talk about the different regions of the world economy, before of it, there are several points to keep in mind.

First one: The industrial activity was on a limited level, a local ole to be more exactly

Second one: An international business route which moves expensive goods has existed since a lot of years ago. It is not an actual thing

Third one: In those trade routes, there are setting very different societies with clear legislative economies

REGIONS OF THE WORLD ECONOMY

Middle east; this region acts as the exit between the Mediterranean zone and the Eastern world. The highest motivation for the Europeans for going into Atlantic oceans was the desire of getting around.

China; it was the biggest region and one based in its power. It creates luxury products for sending them to the other world regions.

India; like China, this region possessed an old civilization, a good economic capital and strong military force.

Africa; with two ellipses

America; transfer merchandise was more important than transfer trade

Europe; with two important changes. The first one was about increasing the economic activity and the integration, the second one, the incorporation of European legislative justification into competing states.

The global economy is under the influence of lots of market forces which we aren't allowed to control. This global thing has as main agents the transnational corporations.

One key effect of the globalisation term was paralysing any radical reforming national strategies because they looked like making only bad to the global markets.

One important thing to highlight is that "the world economy is far from being global" C.1, Hirst, Thompson, Globalisation in Question. Most part of the trade