which of these are part of the global economy (Select two correct answers)

labor
finished goods
national debt of each country
currency conversion to us dollars

1 answer

The two correct answers that are part of the global economy are:

  1. Finished goods - These are products that have been fully manufactured and are ready for sale in international markets, thus contributing to global trade and economic interactions.

  2. Currency conversion to US dollars - The conversion of currencies to US dollars is a critical aspect of international trade and finance, facilitating transactions and investments across different countries.

While labor is a key component of economies, it is not directly a part of the "global economy" in the same way as finished goods and currency conversion. National debt pertains to individual countries’ fiscal policies but is not a direct factor in the global economy as a whole.