Global Drops are everything you are going to see on the "item log" in your tradeskill page.

For each tradeskill attempt, there is a chance (1%, before any boosts) for a variety of items to drop, including: 1 gem, 1 key, 1-5 relics, 6-35 relics(improved by Global Level), 2 resource bags, gold, magic elements and items. Each of these items has their own chance to drop, which you can see here.

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