Global Market

The term “Global Market” refers to the worldwide system of trade and commerce that transcends national boundaries, allowing businesses and consumers from different countries to engage in the exchange of goods, services, and capital. It encompasses all economic activities and transactions that occur across international borders, facilitated by advancements in technology, transportation, and communication. The global market is characterized by the interconnectedness of economies, where events in one country can have significant impacts on others. It also reflects the integration of economies through trade agreements, multinational corporations, and global supply chains, leading to a more interconnected economic landscape.