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 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 do not need to pay tax to developed countries.

furthermore

in addition

Furthermore

, international companies low to other countries exchange products and services and they can improve the country’s economy.

Secondly

,

globalization

increases different businesses all over the world and establish new job opportunities.

For instance

, local businesses do not offer as a broad range of products as bigger businesses do.

Moreover

, workers can find as easy as possible find a job

that is

related to their skills with more salary.

As a result

,

globalization

decreases the gap between poor and rich.

For example

, the developed countries

such

as the USA employed people who have a profession, but do not have a job in their countries, so it helps many jobless people. 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

that is

currency fluctuation is a significant effect of

globalization

.

For example

international trad 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.