How does globalization cause the foreign sector to influence the economy?

The foreign sector influences the economy due to globalization in the way how the imports and exports of a country move between consumers and the firms. It affects the income and economic growth for developing countries whereas the prices are reduced in developed countries due to low labor rates in developing countries which are made achievable by globalization.

It also affects the cultures of each country where trade is being performed.

if interdependence implies a two-way dependence, and if each partner is equally dependent on the other for success, then there is an equal commitment to the making the partnership successful. the advantage is sustainability of the relationship, the disadvantage is that decisions are "democratic" and therefore may take longer to reach and more likely to be a compromise (which is not always the best solution). as the interdependence moves away from equality, the decisions become more influenced by the more independent partner. in the extreme the relationship becomes more dictatorial and more like "master-slave". generally the relationship has less commitment in both directions and is more likely to be temporary.

if one generalizes (and one shouldn't), equity partnerships, which is probably what is implied by interdependence, can be slow to progress or change but durable. the extreme alternative, independent-dependent partnerships tend to be efficient but more fragile.

hope this but you will have to site your own evidence. : )

i do believe that the correct answer is   (technical reasoning); luck

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