10 Interesting Fact About World economy and trade

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• World economy is influenced by many factors such as politics, environment, technology, and culture.
• In 2020, Pandemi Covid-19 had a big impact on the world economy, especially the tourism and trade sector.
• China is a country with the largest economy in the world based on nominal GDP.
• The United States is the country with the second largest economy in the world based on nominal GDP.
• The European Union is the largest trade block in the world with 27 member countries and a combined GDP of $ 15.3 trillion.
• Economic growth of developing countries, such as India, Brazil and South Africa, is increasingly rapid in recent years.
• International trade involves imports and exports of goods and services between countries.
• E-Commerce trade growth has become increasingly rapid in recent years, especially in developed countries.
• Some multinational companies have a big influence on the world economy, such as Apple, Amazon, and Google.
• Globalization has had an impact on the economy and world trade, by increasing competition and reducing trade boundaries between countries.