Globalization Argumentative Paper
Sam Weerts
PHL/320
April 20, 2015

Some argue that globalization brings great benefits, while others argue that globalization is fundamentally flawed. Globalization is termed as the process of shifting from a secluded world to one that is incorporated. Globalization is also described as an extensive change aimed for a bigger global collaboration in money matters, initiatives, political views, trading of knowledge, and cultural ethics.
(1, Premise) Globalization helps poor countries because it provides them with different resources, in order to generate equal opportunities and skills to become a developed country. In addition, it is important to know that nowadays, we see globalization as a way to know the world, through technology and culture developments.
(2, Premise) Technology advances such as the internet have contributed greatly to globalization. Technology is making more people worldwide to be connected therefore they are able to accomplish a higher level of reliance in actions like business, tours, infrastructure, and political strategies. This therefore concludes that from a financial point of view, the world has changed because of globalization. (3, Premise) The main advantage of globalization is free trade: free trade is removing the obstacles that were previously set between countries and prevented them from doing business with one another. When these obstacles are removed it means there are no restrictions in import and export trade. Free trade has several advantages for traders and consumers. The consumers enjoy availability of variety of goods and services; this is because overseas corporations present their goods for trade. When a variety of goods are in the market they attract competition which makes the prices go down therefore consumers enjoy lower general prices on goods. (4, Premise) On the other hand globalization has a disadvantage too because of the damage it causes to countries whose economies are at the developing level. This is because free trade creates an even trading ground for all countries; therefore the developed countries seem to overtake the developing countries in terms of trade. (5, Premise) Labor drain occurs when skilled workers find it difficult to secure jobs in their developing countries therefore they opt to look for employment in developed countries. This creates a problem because most of them come from countries with a widespread publicly funded advanced education schemes. Subsequent to acquiring education in their resident countries they relocate and spend their trained expertise in countries with profitable economies at the cost of their own countries.
This is particularly problematic in countries with extensive publicly-funded higher education scheme. Subsequent to receiving education in their home countries, many people emigrate and spend their trained career in a more lucrative economy at the expense of their home country. Therefore they help boost economies of other countries instead of helping their economy to grow. The free movement of labor has also caused people to forget their cultures’ in order to give way to a better financial and cultural control.
(6, Premise) Globalization encourages open movement of labor. This means that people can move from one country to another to look for employment. Globalization helps countries make use of labor from other countries because of the shortages in their own countries. For example the United Kingdom has shortage of health personnel like nurses therefore they hire from India to fill the vacant positions. Countries also make use of the internet where they hire workers from overseas to help them through online tools. While this is beneficial to some countries others suffer because of the free movement of labor. This is because they cause labor drain for some countries.
(1, Conclusion) Therefore I can say that there is movement of labor form country to country, whether it negatively affects business or not. Consequently Globalization is a fascinating topic that has caught people’s attention, drawing more people to read on economics and trade. Similar to several other financial practices, globalization has its merits and demerits worldwide. This therefore means that as countries become more integrated, markets will regulate themselves in order to capitalize on their advantages and reduce the disadvantages which will make it better for business.
(2 Conclusion) Therefore one may conclude that free trade is good for business but free trade can only be beneficial to all nations developed and developing if only there is a paradox of free trade, meaning that developing countries are given the freedom to trade under an assured stage of protection. This will ensure that the environment is good for business to all businesses big and small.