Nowadays, same commodities are available throughout the world due to which not much difference exists between the nations across the world. I believe that it is beneficial for the growth of both the countries as well as the individuals.
Availability of identical products across the globe is advantageous for the development of the country due to many factors. Firstly, it gives a boost to the economy as foreign exchange gets increased due to higher imports and exports, resulting in an increase in treasury income. Secondly, with better trade, cordial relations are improved amongst the nations. For instance, after the implementation of globalization and liberalization policies in India in 1991, it has shown immense progress in its business and relations globally.
Additionally, the existence of the same consumer goods in the entire world gives the people a lot of benefits. One obvious reason is that, the residents of any country can purchase items, which they have only heard from their friends visiting different places. For example, Kashmiri shawls are now available everywhere in the world as compared to ancient times when it was only accessible to the locals. Furthermore, it helps the non-residents to experience the things of their motherland and make them emotionally strong.
In conclusion, in my opinion, the availability of similar commodities across the nations is extremely good as it helps the country to improve its economy and inter-nation relations. Moreover, it gives individuals a better experience.
Nowadays, same commodities are available throughout the
world
due to which not much difference exists between the nations across the
world
. I believe that it is beneficial for the growth of both the
countries
as well as
the individuals.
Availability of identical products across the globe is advantageous for the development of the
country
due to
many
factors.
Firstly
, it gives a boost to the economy as foreign exchange
gets
increased due to higher imports and exports, resulting in an increase in treasury income.
Secondly
, with better trade, cordial relations are
improved
amongst the nations.
For instance
, after the implementation of globalization and liberalization policies in India in 1991, it has shown immense progress in its business and relations globally.
Additionally
, the existence of the same consumer
goods
in the entire
world
gives the
people
a lot of
benefits. One obvious reason is that, the residents of any
country
can
purchase
items, which they have
only
heard from their friends visiting
different
places.
For example
,
Kashmiri
shawls are
now
available everywhere in the
world
as compared to ancient times when it was
only
accessible to the locals.
Furthermore
, it
helps
the non-residents to experience the things of their motherland and
make
them
emotionally
strong.
In conclusion
, in my opinion, the availability of similar commodities across the nations is
extremely
good
as it
helps
the
country
to
improve
its economy and inter-nation relations.
Moreover
, it gives individuals a better experience.