2. Another example of globalization in Egypt is seen through their global export of cotton. The main countries that import Egyptian cotton are: Italy, the United States, Saudi Arabia, and Libya. The exportation of cotton is not a hindrance at all to Egypt. The Egyptian market benefits greatly from the income made off of the cotton. This example of interdependence is both economic and cultural. Economically, Egypt is gaining a large profit off of the cotton that they are trading. Culturally, cotton is used to made many different types of clothing and household commonalities. Once these items are made, they are sold at a higher value because they hold a cultural significance.
3. Egypt imports machinery and equipment. They mainly import these goods from China, the United States, and Germany. Importing machinery and equipment consists of 35% of Egypt’s good that they import. I believe that the machines and equipment that they buy are beneficial to their economy. Without these machines Egypt would not be able to export as much cotton or textiles as they do. This example of interdependence is economic. Without these imported machines their economy would not be able to flourish as it does.