global interdependence

  

Definition

Mutual dependence at a global level. One country depends on another country for something and that country may depend on another country, which eventually creates global interdependence. Importing and exporting of goods and services highly contributes to global interdependence. Certain commodities such as oil have created a global interdependence between countries that produce the precious commodity and those that covet it.

Use this term in a sentence

  • The United States and New Zealand both benefit broadly from their global interdependence: The United States gets the movies, and New Zealand keeps its hobbit population from over breeding.

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  • I was supportive of global interdependence because I thought it was important for other countries to rely on each other.

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  • You should always try to have many options for your product and a global interdependence can open many new doors.

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