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The Importance Of Economic Interdependence

992 Words4 Pages

In this paper, I highlighted the core points from research paper and used online sources to support the idea of the researcher. This paper portrayed measure of Contextual Sensitivity Estimator, which denotes an assorted of quantitative and qualitative measure. These measures allow us to contemplate the political effects of interest economic linkage. Thus, it demonstrates a meticulous technique for assessing and evaluating the vulnerability interdependence and sensitivity. Rethinking sensitivity Interdependence: Assessing the trade, financial and Monetary links between states. Prior summarizing the research paper, I would like to write a bit about economic interdependence. In todays world, economic interdependence is a key factor for globalization. Moreover, the current sustainable economic growth made peoples/nations to be depend and highly engaged to various across national trades and economic exchanges (Magued, 2016). What is economic interdependence? An economic interdependence is an economic relationship between two or more nations, countries, peoples, in which each of them are dependent on each other for various resources. This can happen, when each parity is able to proficient in offering what is required by the other parties and has the capability of trading. ("What is Economic Interdependence? definition and meaning", 2016). As per the researchers (Blanchard & Ripsman, 2001), economic interdependence refers to a strong economic

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