PTE Daily Essay Topic: With the increase in global trade among different countries, many everyday essentials are manufactured in foreign nations.

Brainstorming Ideas

Refer to the following brainstorming ideas to get a solid understanding of the answer.

• The rise of global trade has woven a complex web of international exchange. Everyday items, from clothing to electronics, are produced in distant lands and shipped across vast distances.
• Global trade fosters competition, driving down prices and pushing manufacturers to innovate. Consumers in developed nations gain access to goods produced more efficiently abroad. 
• Global trade allows countries to specialize in what they do best. A nation with abundant natural resources can focus on raw material production, while another with a skilled workforce excels in manufacturing.
• Coming to the disadvantages of global trade, many believe that as production moves to countries with lower labour costs, jobs in manufacturing and other sectors can disappear in developed nations. This can lead to unemployment, decreased wages, and economic hardship for those affected workers.
• In conclusion, the global marketplace offers a wealth of benefits for consumers and economies. Increased variety, lower prices, and more efficient use of resources all contribute to a higher standard of living. 

Q. With the increase in global trade among different countries, many everyday essentials are manufactured in foreign nations and transported over long distances. Do you believe the advantages of this trend outweigh its disadvantages?

Ans. The rise of global trade has woven a complex web of international exchange. Everyday items, from clothing to electronics, are produced in distant lands and shipped across vast distances. While some may lament the loss of local manufacturing, the advantages of this global marketplace far outweigh the disadvantages.

One of the most significant benefits of global trade is the sheer variety and affordability of goods available to consumers. Imagine a world with limited clothing options, produced solely within national borders. Global trade fosters competition, driving down prices and pushing manufacturers to innovate. Consumers in developed nations gain access to goods produced more efficiently abroad, while those in developing economies benefit from a wider range of products that were previously unavailable. 

Furthermore, global trade allows countries to specialize in what they do best. A nation with abundant natural resources can focus on raw material production, while another with a skilled workforce excels in manufacturing. This specialization, based on comparative advantage, leads to a more efficient allocation of resources on a global scale. Countries can leverage their unique strengths, leading to increased productivity and economic growth for all participants.

Coming to the disadvantages of global trade, many believe that as production moves to countries with lower labour costs, jobs in manufacturing and other sectors can disappear in developed nations. This can lead to unemployment, decreased wages, and economic hardship for those affected workers. Furthermore, the transportation of goods over long distances contributes to air and water pollution, as well as greenhouse gas emissions. This can have a significant negative impact on the environment and contribute to climate change.

In conclusion, the global marketplace offers a wealth of benefits for consumers and economies. Increased variety, lower prices, and more efficient use of resources all contribute to a higher standard of living. While challenges exist, such as job displacement and environmental concerns, they pale in comparison to the advantages. By embracing innovation and prioritizing sustainability, we can navigate these challenges and ensure that global trade continues to be a force for good in the world.

Analysis

Paraphrased Statement:  The rise of global trade has woven a complex web of international exchange.

Thesis Statement:  While some may lament the loss of local manufacturing, the advantages of this global marketplace far outweigh the disadvantages.

Body Paragraph 1– Topic Sentence: One of the most significant benefits of global trade is the sheer variety and affordability of goods available to consumers.

Body Paragraph 1 Supporting Reasons and Explanations: Global trade fosters competition, driving down prices and pushing manufacturers to innovate. Consumers in developed nations gain access to goods produced more efficiently abroad, while those in developing economies benefit from a wider range of products that were previously unavailable. 

Body Paragraph 2- Topic Sentence:  Coming to the disadvantages of global trade, many believe that as production moves to countries with lower labour costs, jobs in manufacturing and other sectors can disappear in developed nations. 

Body Paragraph 2 Supporting Reasons and Explanations: This can lead to unemployment, decreased wages, and economic hardship for those affected workers. Furthermore, the transportation of goods over long distances contributes to air and water pollution, as well as greenhouse gas emissions. This can have a significant negative impact on the environment and contribute to climate change.

Conclusion:  In conclusion, the global marketplace offers a wealth of benefits for consumers and economies. Increased variety, lower prices, and more efficient use of resources all contribute to a higher standard of living.

Vocabulary in Use

Word	Meanings
Allocation	An amount of something, especially money, that is given to a particular person or used for a particular purpose.
Lament	Expressing regret or sorrow
Job displacement	Involuntary job loss due to economic factor
Global trade	The import and export of goods and services across international boundaries.
Greenhouse emission	Emissions from human activities intensify the greenhouse effect.
Solely	Without any others being included or involved

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