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Importance of Global economy.
Global economy as the word suggests, is related to globe, it’s the world economy. It is because of globalization that various countries come together and are engaged in trade and industry, thus making International trade easier.
The developments of global economy plays a vital role in financial arena in the United States. The US economy is one of the largest economy in the world. It is because of global economy that the modern industrialization world is developing and prospering. Thus it is important for the countries of the world to participate in global economy so that the flow of resources keeps increasing and expanding.
The type of sentence given is a compound sentence. It is a compound sentence because it consists of two independent sentences: "I already said yes to someone else" and "I can't go to the dance with you". In order to link the two sentences, the conjunction "because" is used.
Can you explain your question more like what exactly do you mean?<span />