Cities such as New York, London, Paris, Tokyo, Amsterdam, Hong Kong, Zurich, and Sao Paulo have become the primary players in the global economy, eclipsing nation-states as the new dominant financial centers that coordinate the flow of money and knowledge.

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Issata Sesay · Accepted Answer

Final Answer : True, Explanation :  These cities have become known as global or world cities, and play a significant role in the global economy as financial and cultural hubs. Nation-states still hold political power and have their own economies, but the influence of these cities has grown exponentially.

Cities such as New York, London, Paris, Tokyo, Amsterdam, Hong Kong, Zurich, and Sao Paulo have become the primary players in the global economy, eclipsing nation-states as the new dominant financial centers that coordinate the flow of money and knowledge.

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