Question

Прошу написать эссе на английском, на каждые три вопроса по 2-3 предложения))
1.how does globalization effect the world economy ?
2.Why does global trade benefit countries?
3. what are good and bad things that WTO (world trade organisation) does for global trade? Заранее благодарю))

Answer 1

1. Globalization enables countries to have wider economic and cultural ties with other countries.  More local goods can be exported and more qualified people can come to the country.  Also cultural exchange can do a lot of good.
2. Global trade makes it possible to have exports at better prices.  Also a bigger number of countries can be involved in trade relations.
3.  WTO provides better opportunities for trade among its members.  For example the range of exported and imported goods and tax rates are also better.  The bad thing about WTO is that its members have to obey strict rules which are not always beneficial for the country.  In this way WTO members cannot be very flexible and totally independent in making their economic decisions.