Some people think the increasing business and cultural contact between countries brings many positive effects. Others, however, think that many countries will lose their national identities as a result. Discuss Both views and give your opinion.

Some claim that the unceasing globalization of business and interaction among cultures

exerts

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exert

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advantages

to

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on

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the

world

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,

while

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others believe that

such

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exchanges

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are likely to cause

countries

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to lose national identities. In my opinion,

although

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a country's cultural diversity and economic independence are impaired because of those

exchanges

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, transnational cooperation in business and

culture

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benefits nations. Admittedly, the concern that cultural homogenization and the loss of economic autonomy

stems

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stem

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from commercial and cultural

interrelationship

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interrelationships

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is reasonable to some extent.

This

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is because, even though international merchants and cultural disseminators focus on delivering

high quality

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high-quality

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products

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and universal values to the public, high-quality

products

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with low

price

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prices

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and dominant

culture

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usually originate from the Western

world

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. If the advance of powerful merchandise and

culture

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into every corner of the

world

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remains relentless, their prevalence might one day oust the traditional objects of a nation. Worse still, the spread of multinational

products

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will cause increased unemployment and a wave of bankruptcy of small companies as people turn to buy an international brand, perhaps thinking it is more glamorous than the one they are used to. That, in turn, would lead to a loss of richness and diversity in the

world

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and a disappearance of the manifestations of a place's character.

Nevertheless

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, it should be emphasized that

such

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intertwinements in the

world

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contribute to local economic growth and productivity improvement.

To begin

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with, multinational corporations, who play a crucial role in international cooperation and worldwide resource allocation, invest in undeveloped

countries

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by facilitating local economic and technological developments as low productivity in those nations leads to unemployment and insufficient company revenues. Since local factories lack the budgets to upgrade manufacturing techniques, leading to their

products

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lacking technological competitiveness, international businesses investing in underdeveloped

countries

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are beneficial for establishing a global supply chain to eliminate associated risks caused by uncertainties,

such

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as natural disasters and violent conflicts. Apart from that,

due to

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Western

culture

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being mainstream across the globe since the colonial era, cultural

exchanges

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between the

western

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Western

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world

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and undeveloped regions promote judicial reform and managerial innovation, which directly benefit people and can eventually help

to

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apply

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nations to be self-sustaining. In conclusion,

while

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global cultural and commercial

exchanges

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can threaten developing

countries

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' national identities and local economies, they

a'.ive

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achieve

economic growth and technological advancement in the regions.

Thus

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, __ing cultural preservation with globalization's benefits is crucial for

main aining

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maintaining

diversity and fostering global progress. Sent