As global trade increases, many goods including those we use on daily basis are produced in another country and have to be transported long distances . Do benefits of this trend outweigh disadvantages.
Owing to advanced technology, the world became a global village, and
due to
that, business between countries
significantly rise. Even some nations depend on other nations to fulfil their daily product needs. Although
, I believe, certain trade
transfers beneficial for the import nation, like defence equipment, but, depending on daily necessities would have detrimental effects.
To begin
with, trade
collaboration has several advantages, one of the major benefits is quality products at cheap prices. To illustrates, when a global player enters a new market, to attract customers they provide huge discounts and the best quality product. Secondly
, if the authority's policy will be liberal it from resulted
many brands like invest, which will ultimately help to grow the economy. One of the examples is Dubai. They give free hands to explore their markets for foreign brands. Add the preposition
inresulted
fromresulted
However
, if export nations decide to put a hold on exporting their product resulted to face consequences. For instance
, if India decides to stop exporting wheat to Europe and other countries
, the price of wheat is booming, even though many developing states, that depend on it, were not able to afford the price.
On the other hand
, long-distance travel has severe effects on the environment. Furthermore
, most countries
prefer to trade
through the sea routes, which will not only damage marine biodiversity, but also
, it will be critically responsible for air pollution. Nevertheless
, the situation may change as new technologies are emerging, thus
, these days they are shifted to alternative resources instead
of fossil fuels.
In conclusion, according to
me, if foreign trade
escalates, have enormous benefits for import countries
, such
as an increase in foreign investment, a decrease in the unemployment rate, develop new technologies, as well as
innovative products. To contrast, local people should produce their day-to-day products. Moreover
, people should adopt alternate technology to deliver goods in
another country.Change preposition
to
Submitted by harshtrivedi78 on
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