1) It has been said that the world is becoming a global village

in which there are no boundaries to trade and

communication. Do the benefits of globalization outweigh
the drawbacks
https://smartasset.com/mortgage/the-pros-and-cons-of-
globalization
Positive aspects of globalization:

• Business is becoming increasingly international.

• A global economy means free trade between countries.

• This can strengthen political relationships.

• Globalization can also create opportunities for employment.

• It encourages investment in less developed

countries.

• It could reduce poverty in the developing world

 strengthen ties between nations and dampen (mitigate) xenophobia.

Negatives of globalization:

• Globalization can also lead to unemployment and

exploitation.

• Companies move to countries where labour is cheap.

• This creates redundancies, or job losses.

• Some companies exploit their employees in developing

countries.

• Salaries are low and working conditions are often

poor.

• Global trade also creates excessive waste and

pollution.

Some people believe that boundaries between countries become less

evident each year due to the rapid development of globalisation. Although
this trend has some drawbacks, I would agree that the benefits of
globalisation outweigh the drawbacks.

One the one hand, I believe that globalisation has many positive impacts on
our life. Firstly, by globalisation business become increasingly international.
Multinational companies tend to do more business across the world. So, they
can produce products in some place and trade it in another. For example,
McDonald's company opened many branches on every street across the
world.

Secondly, the globalisation offers more job opportunities to people in

developing countries and encourage investment in it. By this, they fight
poverty and low socioeconomic status.

Finally, free trade between countries could strength the political relationships
between countries and this may result in more peace and long friendship
between them. Because of the free trade policy, many developing countries
are now exporting goods to developed countries and that in terms of revenue
generating is a huge sector. For instance, many Asian third world countries
are generating their lion share of foreign currency reservation by exporting
readymade garments. This has been possible only because of the
globalisation.

On the other hand, globalisation is not beneficial to everyone. One problem is

that globalisation could lead to increase redundancy and job loss in
developed countries. Companies can move to developing countries where
 labour is cheap. Also, this associated with poor working and low salaries in
developing countries. Another drawback is that globalisation can lead to
increase waste production and pollution. This affects the human health
negatively.

In conclusion, I would argue that the benefits of globalisation outweigh the

negative impact. AS LONG AS SALARIES AND ENVIRONMENTAL
LEGISLATION  ABIDE BY THE DUE STANDARDS, there should be
globalisation regulation for the salaries and the working environment and the
government should impose laws to protect the environment from pollution

It has been said that the world is becoming a global village in

which there are no boundaries to trade and communication. Do
the benefits of globalization outweigh the drawbacks

Globalization can eliminate the boundaries of interaction and trade that

contributes to reduce barriers to communication and commerce; however, the
positive aspects of globalization are more than the negative aspects of it.

To begin with the prime advantages of globalization lies in the fact that it
reduces the barrier of export and import goods. Therefore, developing countries
not to need to pay tax to developed countries. For example, international
companies low to other countries exchange products and services, so they can
improve the country’s economy. thus, Increase of business and establishing new
job opportunities will occur, consequently workers can find a job that is
related to their skills with more salary as easy as possible. According to negative
results of globalization. It can have a bad effect on environment of developing
countries because rich countries use the natural resources of poor countries, so
they damage environment of those countries.
For instance, globalization can increase world carbon dioxide emission if the
world burns its coal more quickly. Another disadvantage is currency fluctuation is
a significant effect of globalization.
For example international trade busy sells products using the USA dollar, so the
price of the dollar fluctuates day to day in developing countries
This result in imbalanced economy and abnormal prices for goods and services.

In conclusion, The advantages of the globalization that effect on the countries’

economy can reduce barriers to communication and trade, so the benefits of the
Globalization outweigh the disadvantages.
This trend generally has brought many positive results better than the
drawbacks.