Some people think the increasing business and cultural contact between countries brings many positive effects. Others say it causes the loss of national identities. Discuss both view and give your opinion.

In

this

global village,

exchanging

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the exchange

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of business and traditional values

have

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has

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become more common.

According to

a few,

this

has many affirmative effects

while

others think that it has certain drawbacks like losing self-identity. In my opinion, international business development and cultural knowledge transfer

contributes

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contribute

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to economic growth and bring the nations closer.

Firstly

, tie-ups between nations allow companies to sell their

products

globally which will lead them to contribute to the growth of the national economy. Because of

this

type of arrangement, the vendors can grab the buyers from an international market which leads them to generate more revenue. To illustrate, the sellers from India are exporting many agricultural

products

overseas and

likewise

importing metallic

products

from China.

Thus

, it aids the economy of both countries.

Secondly

, it has been observed that the cultural exchange programs bring people closer especially those belonging to totally different

traditions

. By exchanging their

traditions

not only do they learn amazing new things, but they

also

cultivate respect for each other.

For example

, many universities are running culture exploration programs and welcoming students from abroad so that they can demonstrate their values and in return bring ours with them.

However

, there are certain people who think

opposite

Correct article usage

the opposite

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to

Change preposition

of

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this

and believe that by doing

such

events, the national identities will be lost. They think that buying

the

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apply

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products

from foreign countries will affect the GDP of the locals and eventually people would not buy from local sellers.

For example

, many prefer to buy foreign brands' garments,

hence

domestic money benefits international sellers.

Therefore

, in my opinion, exchanging values and the economy is beneficial to all participating nationals.

While

the government should promote both, they should

also

make sure that native

traditions

are not disregarded.

To conclude

, sending and receiving business

as well as

traditions

between global territories are becoming common practice these days. Certainly, it has many advantages;

however

, one must not forget their roots and stick to them.