Interdependence (economy) is described as

Interdependence (economy) is described as

• A. Injections
• B. Globalisation
• C. Countries depending on each other for goods, services, and resources
• D. Open economy

Answer: (C)

Interdependence in the economy means that countries rely on one another to supply the goods, services, and resources they need. When nations specialize and trade, each becomes part of a network where disruptions in one place can affect prices and availability elsewhere, showing mutual dependence. This description fits best because it highlights reciprocal reliance across borders, not just a one-way flow of funds or a broad process. Injections refer to additions to the domestic circular flow (like investment or exports within a single economy), which isn’t about cross-border reliance. Globalisation is the broad process that increases connections between economies, but interdependence is the specific outcome of those connections—mutual dependence for essentials. An open economy describes a country that trades with others, but interdependence emphasizes the reciprocal reliance between countries, not just the existence of trade.

Interdependence in the economy means that countries rely on one another to supply the goods, services, and resources they need. When nations specialize and trade, each becomes part of a network where disruptions in one place can affect prices and availability elsewhere, showing mutual dependence. This description fits best because it highlights reciprocal reliance across borders, not just a one-way flow of funds or a broad process.

Injections refer to additions to the domestic circular flow (like investment or exports within a single economy), which isn’t about cross-border reliance. Globalisation is the broad process that increases connections between economies, but interdependence is the specific outcome of those connections—mutual dependence for essentials. An open economy describes a country that trades with others, but interdependence emphasizes the reciprocal reliance between countries, not just the existence of trade.