Globalization and its impact: Opinion Paper By: Helen R. Ortiz Globalization is wide spread due to orientation and awareness although similar to any other issues it is both advantageous and unfavorable in nature. Positive on concern, Globalization tends to interconnect the whole continent in culture and values. It allows labor opportunities and labor standard upgrading.
As a third world country it is prospecting to be a part of an open trade that will be very beneficial to our economy. And International open entrepreneurship shall give more substantial product diversity from immense to modest local consumers. Adverse in effect it emphasis on American culture and the colonial mentality will be more rampant. Third world as we are, competing in the international trade may be in adherent to our substandard products and system comparable to the international market. It may be opposing to a point of view that putting sanctions only hurt the more vulnerable sectors of society when imposed by the high standards of more developed countries.
It’s a big level advancement that our own country might not be capable of measuring. Government fund allocation for developing Globalization stature, when priorities are readily set for the majority lower class development. Opening a trade path doesn’t guarantee not only legitimate products but it can be used as the same means as criminal process such as drugs, terrorism and spread of weapons alike. Not to mention the Human rights and Environmental concerns which should be a basis for excluding certain imports. These are values more important than the benefits of trade.
The Essay on Countries trade products
In the world market, countries trade products they wouldn’t be able to produce on their own. Countries like Cuba specializes in cigar production, Japan in electronics, and Russia in rocket technology. However, even if a country has an absolute advantage in producing all goods, they still will benefit from trade. Many economic factors are involved with trade. Among the major factors are ...
It is true that Globalization can unify a community it is more positive than negative in statistics but certain issues out-weights the quantity of the strengths, which in any case shall need extra attention and amplification.
