Call us 24/7: + 1(925)399 0085

Get your paper done by an expert

No matter what kind of academic paper you need, it is simple and secure to hire an essay writer for a price you can afford at StudyAcer. Save more time for yourself.

WhatsApp + 1(925)399 0085
$ 10
free
  • bibliography
  • title page
  • revisions
per page
19 k happy customers
4.7 out of 5 satisfaction rate
27 writers active

The Most Popular Trend in International Economics sample essay

Indeed, globalization is the most popular trend in international economics. Increasing integration of world markets and exchanges of information and technology are definitely expected to help the developing world. Thus, the thesis of Bhagwati’s book, In Defense of Globalization, must be agreed with. After all, foreign direct investments are an extraordinary boost for the economies of the developing world. Moreover, by importing and exporting more goods and services than before, a developing nation may very well increase its income and also improve the standard of living of its peoples.

However, an increase in international trade is usually accompanied by an increase in income inequality, seeing that the majority of the people in developing nations are poor and cannot afford to purchase relatively expensive foreign goods in the local market, nor form gigantic enterprises to sell to the foreign public. Furthermore, globalization involves the risk of foreign companies taking advantage of the undeveloped regulatory structures in developing nations. As an example, a foreign water company in Argentina, after the mass privatization of Argentinian business, was said to have been very ethical before it entered Argentina.

The company had connections with France and the United States. All the same, the company turned to poor service in Argentina soon after privatization. The water company was eventually taken over by the government for its careless, irresponsible behavior (Hacher). If managed correctly, though, globalization would continue to help our world in significant ways. Hence, I would like to add to the thesis of Bhagwati’s book the famous observation of Friedman: “No two countries with McDonald’s have fought a war against each other since each got its McDonald’s.

” Indeed, peace is conducive to global economic growth. Works Cited Bhagwati, Jagdish N. In Defense of Globalization. New York: Oxford University Press, 2004. Friedman, Thomas L. The Lexus and the Olive Tree: Understanding Globalization. New York: Anchor Books, 2000. Hacher, Sebastian. Argentina Water Privatization Scheme Runs Dry. Global Policy Forum (26 Feb 2007). 28 Nov 2007. .

Our guarantees

Study Acers provides students with tutoring and help them save time, and excel in their courses. Students LOVE us!No matter what kind of essay paper you need, it is simple and secure to hire an essay writer for a price you can afford at StudyAcers. Save more time for yourself. Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more

Our Homework Writing Disciplines

With a highly diverse team in almost all academic fields including: