IELTS essay on globalization

== THE TOPIC ==

Some people think the spread of multinational companies and globalization produce positive efforts to everyone. Do you agree or disagree?

== THE ESSAY ==

It is clear that globalization has become a trend because of technological advances in both communication and transportation in the past decades. Many large companies have established multiple branches in other countries across the world. While I believe that this trend is generally positive, I disagree with the view that it will benefit everyone.

Globalization and the growing number of multinational companies have been proven to be beneficial to the many countries and their people, as well as the companies themselves. By opening offices and factories in other countries, these companies can expand their markets and increase their revenues. In the meantime, they are normally important job creators what do you mean "normally important job creators" that can create large numbers of jobs for local people. This will reduce local unemployment rates and help to boost local economies. Local governments can also expect significant amounts of corporate income taxes from the multinational companies. These taxes can be used to improve public services such as education, health care, and publish transport "publish transport" I also don't understand, which can, in turn, benefit many people.

However, since multinational companies will also bring competition to local companies of the same industry, some people’s lifelives may be severely affected by the arrival of multinational companies that are often leaders in their industries. Supermarket giants like Wal-Mart have sprawling global resources that make it possible for them to offer lower prices than local small shops can. They are willing to sacrifice the margins to eliminate local competitors. As a result, small shops lose their customers and go bankrupt. For the owners of small businesses, multinational companies can be damaging to their livelihood.

In conclusion, although globalization has a positive impact on the economy and many people can benefit from it, it is wrong to assume that this is the case for everyone. (294 words)

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