I cannot give a single answer for this one because in political economic circumstances it’s quite complex and we have to consider everything all indicators that plays a part of the role here. For instance when it comes to customers or consumers I could say they would be really beneficial because they could easily determine what they want to purchase in the market because they have wide range of options for instance or to illustrate. Imagine that you are customers and you go for shopping you can easily pay product’s speech on your necessities by comparing the prices and the qualities. Meanwhile when it comes to small business already could be really difficult because they have to compete with those multinational companies that’s much more reliable on this perspective of the societies and they can utilize their capital to to jeopardize a small business owner because by utilizing capital they can make an exaggerated advertisement that could attract many attention of the buyers itself. So according to this one, I also believe by the assistance of the government these kind of problems could be reduced significantly because government can establish effective policy to make the markets in order and reduce the distortion that probably appears. one more time I don’t have an absolute answer for these ones because it depends on the perspective that you are using
Band 7+: what do you think about open trade is good or bad?
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I cannot give a single answer for this one because in political and economic circumstances, it's quite complex, and we have to consider all indicators that play a part in this role. For instance, when it comes to customers or consumers, I could say they would benefit greatly because they can easily determine what they want to purchase in the market due to the wide range of options available. For instance, to illustrate, imagine that you are a customer and you go shopping; you can easily choose products based on your necessities by comparing prices and qualities. Meanwhile, when it comes to small businesses, it can be really difficult because they have to compete with multinational companies that are much more established in this perspective. They can utilize their capital to jeopardize small business owners because, by using their capital, they can create exaggerated advertisements that attract a lot of attention from buyers. So, according to this, I also believe that with the assistance of the government, these kinds of problems could be reduced significantly because the government can establish effective policies to organize the markets and reduce the distortions that may appear. Once again, I don't have an absolute answer for this because it depends on the perspective you are using.
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Speaking Time: 85 seconds