Countries are becoming more and more similar because people are able to buy the same products anywhere in the world.
Do you think this is a positive or negative development?
Globally, thousands of companies are trading in international market that’s why customers have plethora of choices available in market. Folk can easily buy same product anywhere in the world. Both positive and negative development will be discussed in further paragraphs.
First of all, global market through numerous items, services are available everywhere. People have lot of choices nowadays in every single product with different quality and quantity. Therefore, job opportunities, GDP of country, import exports have been increasing on daily basis. In addition relationships are rising with other countries further we get opportunities to know their culture and learn new things. Let’s clear with illustration, world global market resarchers proove that after globalization in the world there are less chances to make customer fool and also 70% transactions are rose after globalization in international and national market
However, International market brings many benefits for country but there are two things which have negative effect. First, multinational companies product are very expensive which can’t afford lower class and middles class seldom buy this costly things. Second, many local markets suffering from huge loss because foreign companies capture their market. For example, Macdonald and dominos destroy local fast food shops and market
In summary, I believe that international market connect countries with each other and also it’s beneficial for customer, they can easily buy any product anywhere and also their technology development, infrastructure we can easily adopt their things owning to this I deem that is positive development.
Countries
are becoming more and more similar
because
people
are able to
buy
the same
products
anywhere in the world.
Do you
think
this is a
positive
or
negative
development?
Globally, thousands of
companies
are trading in
international
market
that’s why customers have plethora of choices available in
market
. Folk can
easily
buy
same
product
anywhere in the world. Both
positive
and
negative
development will
be discussed
in
further
paragraphs.
First of all
, global
market
through numerous items, services are available everywhere.
People
have
lot of
choices nowadays in every single
product
with
different
quality and quantity.
Therefore
, job opportunities, GDP of
country
, import exports have been increasing on daily basis. In
addition
relationships are rising with other
countries
further
we
get
opportunities to know their culture and learn new things.
Let
’s
clear
with illustration, world global
market
resarchers
proove
that after globalization in the world there are
less
chances to
make
customer fool and
also
70% transactions are rose after globalization in
international
and national
market
However
,
International
market
brings
many
benefits for
country
but
there are two things which have
negative
effect.
First
, multinational
companies
product
are
very
expensive which can’t afford lower
class
and middles
class
seldom
buy
this costly things. Second,
many
local markets suffering from huge loss
because
foreign
companies
capture their
market
.
For example
, Macdonald and
dominos
destroy
local
fast
food shops and
market
In summary, I believe that
international
market
connect
countries
with each other and
also
it’s beneficial for customer, they can
easily
buy
any
product
anywhere and
also
their technology development, infrastructure we can
easily
adopt their things owning to this I deem
that is
positive
development.