According to certain studies, despite unprecedented growth in the international trade, poor nations have not been able to get the benefits of globalization. To what extent do you agree or disagree with this opinion? Give reasons for your answer and include any relevant examples from your own knowledge or experience.
Globalization has indeed transformed international trade, fostering economic growth and development.
However
, I agree that poorer nations
have not fully benefited from it. Despite unprecedented
global expansion, several factors hinder these Add an article
the unprecedented
countries
from reaping its
full rewards.
Correct pronoun usage
their
Firstly
, structural inequalities between developed and developing nations
play a significant role. Wealthier countries
, with better infrastructure, technology, and capital, are more equipped to exploit globalization's opportunities. Poorer nations
often remain dependent on exporting raw materials or low-value products, limiting their economic growth.
Secondly
, multinational corporations frequently exploit labor
and resources in developing Change the spelling
labour
countries
. While
providing jobs, these corporations often pay low wages and repatriate profits to their home countries
. This
exploitation perpetuates inequality, as the wealth generated in poor nations
benefits wealthier economies.
Moreover
, environmental degradation is a significant issue. Many poor countries
lack regulations to protect their natural resources, leading to deforestation, pollution, and long-term economic damage. For example
, unsustainable mining practices in parts of Africa have caused significant environmental harm without commensurate economic gains.
Additionally
, global trade policies are often biased in favor
of developed Change the spelling
favour
nations
. Tariffs and trade barriers can limit the ability of poorer countries
to compete fairly, reinforcing their dependence on low-value exports.
While
some developing countries
, like China and India, have benefited from globalization, many poorer nations
remain marginalized. Until these inequalities are addressed, globalization’s full potential will remain out of reach for them.Submitted by petreub on
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- Paragraph 1 - Introduction
- Sentence 1 - Background statement
- Sentence 2 - Detailed background statement
- Sentence 3 - Thesis
- Sentence 4 - Outline sentence
- Paragraph 2 - First supporting paragraph
- Sentence 1 - Topic sentence
- Sentence 2 - Example
- Sentence 3 - Discussion
- Sentence 4 - Conclusion
- Paragraph 3 - Second supporting paragraph
- Sentence 1 - Topic sentence
- Sentence 2 - Example
- Sentence 3 - Discussion
- Sentence 4 - Conclusion
- Paragraph 4 - Conclusion
- Sentence 1 - Summary
- Sentence 2 - Restatement of thesis
- Sentence 3 - Prediction or recommendation
Our recommended essay structure above comprises of fifteen (15) sentences, which will make your essay approximately 250 to 275 words.