Globalization has brought about more positive economic impacts than negative ones. To what extent do you agree with this statement?

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In today's world, globalization has a large impact on our world and the economy. It is believed by some part of the population that

this

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development has brought more advantages than drawbacks.

Firstly

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this

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essay will discuss

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the

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benefit of foreign trade and,

secondly

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, it will analyse the increased competition.

To begin

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with, on the one hand, globalization means that different regions can export their production to other areas and bid up their gross domestic product since exports are one of its components. The main reason for

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is that not only do some regions have a lack of food or resource but,

furthermore

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, the price for products bought from abroad might be lower and more affordable.

Therefore

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, a country can soar exports by promoting high quality and reliability and

this

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, in turn, will raise its GDP and stimulate economic growth.

For example

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, recent research has shown that foreign trade indicators have increased by 20% in comparison to the

last

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decade.

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this

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tendency is likely to increase tension in the market since businesses will have to compete in order to keep their customers loyal to their brands.

This

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is due to the fact that if a firm has a lot of rivals that could take its clients it will try to be more efficient in order to improve the quality of their goods or services or to lower the price level.

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, not only will it stimulate firms to be more productive but

also

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it is likely to increase people's confidence and satisfaction from purchases.

For instance

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, economic analysts consider that a high level of competition in the market is the main stimulator for businesses to improve and become more efficient. Eventually, to conclude, I agree with the claim that globalization has more benefits than disadvantages.

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is because of the fact that not only does it encourage trade between countries and continents but

also

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it increases the level of competition between companies.

Submitted by veronika-glinka on Thu Feb 11 2021

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Your opinion

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Don’t leave your opinion until the conclusion.

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...do you agree or disagree?...do you think...?...your opinion...?

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12
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meeting the goal of 7 or more
0
Word repetition
meeting the goal of 3 or fewer
1
Grammar mistakes
detected issues

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Overall Band Score

Coherence and Cohesion: 7.0

Logical structure

Introduction & conclusion present

Supported main points

Accurate linking words

Variety in linking words

Lexical resource: 8.0

Varied vocabulary

Accurate spelling & word formation

Grammatical Range: 8.0

Mix of complex & simple sentences

Clear and correct grammar

Task Achievement: 7.0

Complete response

Clear & comprehensive ideas

Relevant & specific examples

Appropriate word count

4 paragraphs

326 words

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Globalization has brought about more positive economic impacts than negative ones. To what extent do you agree with this statement?

Your opinion

It is important for children to learn the difference between right and wrong at an early age this distinction. To what extent do you agree or disagree with this opinino? What sort of punishments should parents and teachers be allowed to use to teach good behavior to children.

Today children spend a lot of their free time watching TV Do advantages outweigh the disadvantages of this pratice?

More people will work from home and more student will study at home if computer technology becomes cheap and accessible. What will be the advantage and disadvantage if this happen?

Some people believe that studying at university or college is the best route tosuccessful career, while others believe that it is better to get a job straightafter school. Discuss both views.

Some people tend to take temporary jobs (they only work for few months of year), for they have time to do other things. Do the advantages outweigh the disadvantages?