Because of the global economy, many goods including what we use as daily basics produced by other countries have to be transported for a long distance. To what extent do the advantages outweigh the disadvantages?

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This
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is the era
or
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of
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globalisation and world trade and business.
This
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has enabled us to keep better diplomatic and business
relationship
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relationships
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with many other
countries
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and
products
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produced in a
country
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could easily be found in another
country
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.
However
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,
this
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requires the
products
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and foods to be travelled to a long distance before reaching
to
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apply
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the consumers of other
countries
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and
this
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has both negative and positive consequences. In my opinion,
this
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has far more
advantages
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than
the
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apply
show examples
drawbacks. On one hand, a
country
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should
first
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try to be self-sufficient rather than relying heavily on imported goods. Foods, vegetables and fruits should not be imported from other
countries
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since the
long distance
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long-distance
show examples
travel of
such
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commodities degraded their food values.
Moreover
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, importing from other
countries
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is quite costly.
Finally
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, a
country
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should try to produce daily necessities by
themselves
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itself
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as it would eradicate
the
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apply
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poverty,
unemployment
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and unemployment
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and would
also
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make sure the better economic progress of a
country
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.
On the contrary
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, the
advantages
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of the global economy and trade are highlighted often and it is true that being self-sufficient for all
countries
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are
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is
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quite impossible. Some
countries
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are better for agriculture, some for industrial
productions
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production
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, some for food processing and some others for technologies and
thus
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each nation has
their
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its
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unique ability to do well in some specific sectors.
Thus
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no
country
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can locally produce everything
their
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its
show examples
people need.
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First
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The first
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and foremost
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advantages
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advantage
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of importing
products
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from other
countries
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is that a
country
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can enjoy those
short
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shortage
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of goods without even producing them.
For instance
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, many
countries
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enjoy tea and coffee even though they do not locally produce them.
Second
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, sometimes importing is less expensive than producing something and not every
country
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has the environment and manpower to do so.
Third
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,
transportation
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the transportation
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system nowadays is becoming more efficient and in the near future, it will take less time to supply goods from another
country
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to another. The global economy enables a
country
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to export
products
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to other nations rather than wasting them and
this
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has proven to be a strong
revenue earning
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revenue-earning
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area for many
countries
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. People nowadays have more choices of their
products
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and
global
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the global
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economy hit the monopoly so hard that people can enjoy
global
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globally
show examples
branded
products
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at a competitive price. In summary, more time to transport daily commodities from one
country
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to other has some demerits.
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However
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,However
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the endless
advantages
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they bring are quite overwhelming.
Submitted by Alizadeh_masoud_93 on

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Topic Vocabulary:
  • Global economy
  • Consumer choice
  • Economic benefits
  • Job creation
  • Gross Domestic Product (GDP)
  • Infrastructure
  • Standard of living
  • Cost efficiencies
  • Raw materials
  • Production processes
  • Specialization
  • Environmental impact
  • Carbon emissions
  • Pollution
  • Supply chain disruptions
  • Local industries
  • Cultural dilution
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