Упр.6 What’s economic geography about? ГДЗ Enjoy English 11 класс

Work in small groups. Does economic integration and the process of globalisation stimulate the economic development of a country? Give your arguments for or against.

Yes, economic integration and globalisation can stimulate the economic development of a country.

• They open access to larger markets, so local producers can sell more goods and services.
• Foreign investment brings money, new technologies, and modern management methods.
• Competition encourages companies to improve quality and reduce prices.
• Countries can specialise in what they do best and trade with others more efficiently.

However, there are also some risks: weaker industries may suffer from stronger foreign competitors, and a country can become too dependent on the world market.

So, in general, globalisation and economic integration usually help a country develop, but only if the government protects national interests and supports local businesses.