List three products that you can purchase at a local store that are only available due to global trade, and discuss the impact of global trade on the local store.
Question: List three products that you can purchase at a local store that are only available due to global trade, and discuss the impact of global trade on the local store.
Sure, here are three products that you can purchase at a local store that are only available due to global trade:
1. Coffee. Coffee is a crop that is grown in tropical climates around the world. It is then roasted and packaged in factories in different countries. The coffee beans are then shipped to local stores where they are sold to consumers.
2. Chocolate. Chocolate is made from the beans of the cacao tree, which is grown in tropical regions. The beans are then fermented, roasted, and ground into a paste. The paste is then mixed with sugar and other ingredients to make chocolate bars, candy, and other products. Chocolate is typically imported from countries like Ghana, Ivory Coast, and Indonesia.
3. Electronics. Most of the electronics that we use are made up of components that are manufactured in different countries. For example, the screen of a smartphone might be made in South Korea, the processor might be made in Taiwan, and the battery might be made in China. These components are then assembled in factories in other countries, such as China or Mexico.
Global trade has a significant impact on local stores. It allows stores to offer a wider variety of products to their customers. It also helps to keep prices low, as stores can compete with each other for the best deals on imported goods. Additionally, global trade can create jobs in the local community, as stores need workers to stock and sell imported goods.
However, global trade can also have some negative impacts on local stores. For example, it can lead to the loss of jobs in the local manufacturing sector, as businesses may move their operations to countries with lower labor costs. Additionally, global trade can make it difficult for local stores to compete with large chain stores, which can often buy imported goods at lower prices.
Overall, the impact of global trade on local stores is mixed. It can have both positive and negative impacts. However, the overall trend is that global trade is increasing the variety of products available to consumers and keeping prices low.
Rjwala is your freely Ai Social Learning Platform. here our team solve your academic problems daily.
0 Komentar
Post a Comment