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iris [78.8K]
2 years ago
13

Which of the following scenarios describes an advantage of a global economy?

Engineering
1 answer:
Oksana_A [137]2 years ago
5 0

A scenario which best describes an advantage of a global economy is: B.) A clothing company is able to save money by manufacturing its materials in areas where they are less expensive.

<h3>What is a global economy?</h3>

A global economy is also referred to as globalization and it can be defined as the strategic process which involves the integration of various markets across the world to form a large global marketplace.

Basically, a global economy makes it possible for various companies to produce goods and services that are being used by consumers across the world.

This ultimately implies that, a global economy leads to economic prosperity for various companies in different countries because it ensures an increase in market efficiency while creating employment opportunities for the people who are seeking employment in that country.

In conclusion, a scenario which best describes an advantage of a global economy is when a clothing company is able to save money by manufacturing its materials in areas where they are less expensive.

Read more on globalization here: brainly.com/question/23711616

#SPJ1

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