As global trade increase many goods including those we use on daily basis are produced in other countries and have to transported long distance. Do benefits of this trend outweigh disadvantages?
Nowadays, due to the rising number of consumers, investments in international trading have increased.
As a result
, a significant portion of people’s daily needs is imported from other Linking Words
countries
. Use synonyms
Although
there are some benefits associated with global trading, I believe the main drawbacks are substantial.
On the one hand, a potential advantage may be balancing demand and supply in populated Linking Words
countries
. Since local businesses are not able to supply the whole population demanding Use synonyms
such
as crops, cloths and even technological devices in many Linking Words
countries
, the variety of these goods should be imported from overseas. Use synonyms
Furthermore
, another perceived benefit is that transporting from other Linking Words
countries
causes diversity in the products of the city markets. Use synonyms
For example
, if a country does not access sea and fishing, It could transport kinds of seafood -which are crucial for people’s daily diet- from other Linking Words
countries
.
Use synonyms
On the other hand
, a substantial drawback of international trading is that it can pose a threat to local and small businesses. Indeed, these businesses suddenly face foreign rivals that have an array of advantages Linking Words
such
as substantial financial resources, advanced technologies, powerful brands, and marketing systems. Linking Words
Consequently
, if the government does not subsidize them, they might be unable to overcome Linking Words
this
situation and ultimately eliminate it from markets. Linking Words
Additionally
, from an economic point of view, a considerable amount of the product’s final price is due to the cost of transporting them to the country and high taxation. Linking Words
As a result
, people have to pay more for rages of product.
To conclude, It is true that international trading would seem advantageous under certain circumstances. Linking Words
However
, in my view, its adverse effects on local markets and the high prices of imported products override the advantages.Linking Words
Submitted by payam_phk on
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