Part 1
You should spend about 20 minutes on this task. Write at least 150 words.
Part 2
You should spend about 40 minutes on this task. Write at least 250 words.
The charts below show what UK graduate and postgraduate students who did not go into full-time work did after leaving college in 2008
Summarise the information by selecting and reporting the main features, and make comparisons where relevant.
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Countries are becoming more and more similar because people can buy the same products anywhere in the world.
Do you think this is a positive or negative development?
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In the past few years, it has been apparent that people from different nations observed similar purchases of products across the globe. In my opinion, it is a positive development because it contributes to the development of a country’s economy and benefits for the people.
From an economic standpoint, people begun to adopting the products irrespective of their origin, which eventually helps to thrive the country’s economy as it provides authorities to collect tariffs from the imported goods. To understand this, India imports luxury cars from the United Kingdom, and for that imports, the Indian government collects duties and taxes from the sellers. Consequently, both nations benefit from this commerce, and it can give the scope to spend the money on other areas of development, which allows them to thrive economically.
From the general populace perspective, in the era of globalisation, people becoming more affluent and began to diverse various cultural practices. This helps them to reduce their expenditures on unnecessary activities such as understanding other regions habits and spending extensive money on tourist guids. As a result to this, populace can save huge amount of money and use that on their education and can also invest in businesses, that eventually benefit them to achieve lucarative career.
In summary, adapting to the varied nation products can help both governments and people, authorities can can impose taxes on imported goods, by which the nation can benefit to grow economically. Moreover, people can get advanatge by spending less money to understand other nations habits and understanding their culture.
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In every country of the world, throughout the year, people can buy same products. I believe its an extremely positive and welcoming development.
Firstly, global trade enhances the economy, and hence it is beneficial for the market as well as people. The import and export businesses are helpful in the overall revenue and wealth of the countries. For instance, Saudi Arabia purchases delicious and aromatic mangoes from Pakistan. The commerce brings prosperity to both the countries. The Saudi nation is getting blessed with top-quality fruit, whereas Pakistani authorities are acquiring huge amount of money. Hence, the government reinvests the funds for the betterment of society. Moreover, international merchandise create more job opportunities. Thus, it is a win-win situation for both dealing parties.
Secondly, the intra country selling and buying generates diversity. Men and women around the globe can enjoy different products. For example, South Korea owns a very popular brand; Samsung. A young kid in America can experience the high tech and advance mobile phone without leaving his house. By simply buying the device from local shop near his accommodation, he could witness the most advance technology from other end of the planet. Having said that, they can experience the rich culture and latest inventions of other section of earth, which they have never visited before. Resultantly, young adults are more likely to develop respect for different groups.
In conclusion, its an advantageous step for the companies because trade brings prosperity to their land. Low tarif and minimum tax cost can certainly enhance the profit.
The charts below show what UK graduate and postgraduate students who did not go into full-time work did after leaving college in 2008