What is another word for world economic system?
Pronunciation: [wˈɜːld ˌiːkənˈɒmɪk sˈɪstəm] (IPA) 
World economic system can be referred to by a variety of synonyms such as global economy, international financial system, worldwide trade network, and planetary marketplace. The term global economy captures the interconnectedness of the economic activities of countries around the world, while the phrase international financial system emphasizes the financial aspect of the world economic system. The term worldwide trade network touches upon the exchange of goods and services between countries, whereas the phrase planetary marketplace highlights the economic competition that takes place on a global scale. These synonyms offer a variety of ways to talk about the complex and dynamic system that drives economic activity across the world.
