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To what extent has globalisation impacted upon local identities? Illustrate your argument with an original example. - Essay Example
Author : mcclurealysson
Journalism & Communication
Pages 6 (1506 words)
Impact of Globalization on Local Identities Impact of Globalization on Local Identities Before we get into the impacts of globalization on local identities, we need to be clear as to what globalization is…
It is the picture perfect integrated transfer of goods and people across the globe. It is the opening up of a country’s economy to the rest of the world and become a part of the global economy. It is the opening up of a country to foreign investment. It is the easy access of a country’s citizens to the rest of the world to travel for business and retreat. Globalization is based on the speculation that countries are not perfect in the manufacture of all goods, every country has some faults therefore it would be best if countries traded globally with each other and export their best products to a country which does not have a good quality of that product. For example, if a country is good at manufacturing something, it would be best for the company to export that good to a country which is not as efficient in the production of that good. Similarly, the latter country could export a particular good at whose manufacture they excel at and export it to the former country if it lacks the manufacturing excellence of that product. It is a win-win situation for all the countries involved. Globalization also pertains to the subscription and application of the rules and procedures set by the World Trade Organization or WTO. WTO looks over the transactions between two trading countries. ...