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The interactions among governments have been. Economists are constantly thinking of how to better balance the market to make trading beneficial to all.
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Globalization has increased the interaction between governments converting the world into a global village. It entails the study of how institutions develop and manage to cope in areas of communism, socialism and capitalism which are the major political systems. It deals with the allocation and distribution of limited resources to the economic elements concerned.
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Economics is quite broad, so it has a great variety of subfields. Our society is strongly influenced by all sources of media. And in a world, where over half the market is controlled by less than
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