Over Past Few Years
Over Past Few Years
Over Past Few Years
flow of goods across the borders of almost all countries in the world. In my opinion,
the penetration of foreign goods into local markets brings about more benefits than
poses risks to countries.
On the one hand, the availability of imported goods is good for the consumers.
trade collaboration has several advantages, one of the major benefits is that goods
are sold at a lower price. In fact, when a multinational company enters a new
market, they offer the highest-quality product at steep discounts in an effort to draw
clients. Similarly, the market of a country has many foreign companies investing,
companies will offer preferential prices to users to compete with other brands. So,
consumers can buy goods at reasonable prices. Moreover, the flow of goods
worldwide is beneficial to the world economy. With the development of global trade,
multinational companies can expand their business scale across many countries,
thereby attracting a large number of customers, creating huge profits and creating
jobs for many people. workers. As a result, it reduces unemployment in most
countries.
On the other hand, it is unquestionably detrimental to both the domestic economy
and local markets to use imported items. Multinational companies invest in trading
countries and attract large numbers of customers, which will reduce the profits of
local economic sectors. Furthermore, long-distance transport is a main contributor
to energy consumption and environmental disruption. For instance, emissions from
aircrafts have become a source of pollution, and greenhouse gases have built up in
the atmosphere, leading to extreme weather conditions, including unusually warm
conditions in some areas of the world.
In conclusion, this essay looked into two schools of thought about the impacts
global trade on economy. Personally, I am in favor of the view that there are more
advantages than disadvantages for nations when foreign products enter domestic
marketplaces.
Task1:
The graph illustrates data about how many people took part in basketball, tennis,
badminton, and rugby in a particular region between 1985 and 2005.
Overall, the number of people who played tennis was subject to a sharp increase,
but the figure for rugby players saw a remarkable fall and that of basketball players
and badminton players remained unchanged.
As can be seen from the graph, people were most likely to participate in rugby, at
about 250, which was fivefold the number of Badminton players, at 50. Meanwhile,
tennis was the second popular with players, at 150, which was about three times
the number of basketball players, at 60.
In the following 10 years until 1995, the number of people who participate in Rugby
saw a slight fall from 250 to 200. Moreover, the figure for tennis players rose
sharply to 200, while basketball players and badminton players remained
unchanged, at 60 ad 50, respectively.
Between 1995 and 2005, the number of rugbies witnessed a sharp decline to 50 in
2005, whereas the number of tennis players increased markedly to 230. Moreover,
the figure for basketball players and badminton players leveled off at 60 and 50,
respectively.