Premise: A global city , also called world city or sometimes alpha city or world center , is a city generally considered to be an important node in the global economic system . New York City . A global power city , New York City exerts a significant impact upon commerce , finance , media , art , fashion , research , technology , education , and entertainment , its fast pace defining the term New York minute .
Hypothesis: New York has no impact on the global economy.
Label: CONTRADICTION