Final answer:
The global marketplace in 2023 refers to the state of international trade and business activities on a global scale. Advances in technology and globalization have greatly influenced the global marketplace.
Step-by-step explanation:
The global marketplace in 2023 refers to the state of international trade and business activities on a global scale in that specific year. It encompasses the exchange of goods, services, and information between countries and regions around the world. In recent years, advancements in technology and globalization have significantly impacted the global marketplace. For example, improved communication technologies and the internet have allowed consumers to access products and services from anywhere, increasing competition for local businesses.