Fill in the Blanks GLOBAL ECONOMYOnline version Global Economy by Michael Loret 1 lowers Telecommunications market money cost goods sell world specialize countries production Global Innovations jobs Virginia flow Technology computers Internet The United States and our home , the Commonwealth of , are both part of the Economy . This is a worldwide for the buying and selling of goods and services from around the . The US and Virginia participate in the Global Economy for a few reasons . First participation in the global economy creates for Americans as trade stimulates . Secondly , we participate in the Global Economy so that we can our goods and services to other and make ! In addition , the Global Economy also allows us to obtain foreign and services often at a lower to consumers . The US and Virginia in the production of a handful of goods and services . For example , Virginia is a leader in the Information industry as well as meaning that many companies in Virginia provide goods and services related to and the internet . in technology ( e . g . , the ) contribute to the global of information , capital , goods , and service and the cost of production .
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