The World Bank: The Global Economy's Impact

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The Global Economy’s Impact
Global economy is defined as the economic activity between intertwined countries, which can be either positive or negative (What is global economy, n.d.). The global economy is product of globalization and includes the trading of goods and services on the global market. There are many positive aspects of the global economy for both developed and developing countries. These include less restrictions on trade and the movement of labor, which allows for a more open market between countries, which encourages economic growth and opportunity. Increased investment in developing countries by developed countries to promote industry has improved the chances of opportunity it areas that
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definition and meaning. (n.d.). Retrieved November 10, 2016, from http://www.businessdictionary.com/definition/global-economy.html

The World Bank: History. (n.d.). Retrieved November 10, 2016, from http://www.worldbank.org/en/about/history

The World Bank: What We Do. (n.d.). Retrieved November 10, 2016, from http://www.worldbank.org/en/about/what-we-do

The Global Economy - What is Economics? (n.d.). Retrieved November 10, 2016, from http://www.whatiseconomics.org/the-global-economy/

Murphy, T. (2016). Lecture on The Global Economy. Personal Collection of T. Murphy, University of Findlay, Findlay OH.

IMF -- International Monetary Fund Home Page. (n.d.). Retrieved November 10, 2016, from http://www.imf.org/external/index.htm

The IMF and the World Bank: How Do They Differ? (n.d.). Retrieved November 10, 2016, from https://www.imf.org/external/pubs/ft/exrp/differ/differ.htm

OPEC: Our Mission. (n.d.). Retrieved November 10, 2016, from http://www.opec.org/opec_web/en/about_us/23.htm

OPEC: Brief History. (n.d.). Retrieved November 10, 2016, from http://www.opec.org/opec_web/en/about_us/24.htm

OPEC: Member Countries. (n.d.). Retrieved November 10, 2016, from

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