global

  

Definition

Pertaining to the entire globe rather than a specific region or country. Often used interchangeably with the term international, with one exception being in regards to mutual funds. When dealing with mutual funds, a global fund pertains to the entire world, while an international fund deals with all countries except the United States. Also called worldwide

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How a Weak US Dollar Can be Good

When the U.S. dollar is weak, this makes international companies' goods suddenly seem more expensive to Americans, who account for more than 30% of global consumption. If U.S. buyers snap up fewer imports, those overseas countries' economies end up taking the hit. (quoted from November 2004)

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