Research on World Economy and Trade in the Context of Globalization

Author: Sun Guiping
Publisher:
Publish Date: 2001-12-01
Features: The world economy is an organic whole that is interconnected, interdependent, and mutually penetrating on the basis of international division of labor, through the flow of various factors of production. Economic globalization is a global economic system that transcends national and ethnic boundaries. Although the natural, technological, social, and demographic conditions of countries around the world vary greatly, and the level of productivity development and its distribution are also different, under the impact of the global economic tide, their economies and trade have more or less integrated into the process of economic globalization, showing various characteristics.