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Globalization and International Trade
Globalization and International Trade
Order ID 53003233773 Type Essay Writer Level Masters Style APA Sources/References 4 Perfect Number of Pages to Order 5-10 Pages Description/Paper Instructions
Globalization and International Trade
Globalization and international trade have had a profound impact on the world economy and society, and have created a global interconnectedness that has never been seen before. Globalization refers to the increasing integration of economies, societies, and cultures across the world, driven by advances in communication and transportation technologies, and by the growth of international trade. International trade refers to the exchange of goods and services between countries, and is an important driver of economic growth and development.
One of the key benefits of globalization and international trade is increased economic growth and development. By opening up their economies to trade, countries are able to access a wider range of goods and services, which can lead to increased productivity and competitiveness. This, in turn, can result in increased economic growth and higher living standards for people around the world. Additionally, international trade can also stimulate innovation and technological development, as companies are forced to compete in a global marketplace, and are incentivized to find new and more efficient ways of producing goods and services.
Another benefit of globalization and international trade is increased cultural exchange and understanding. As people and businesses from different countries interact and exchange ideas and knowledge, they are able to learn from each other and gain a deeper understanding of different cultures and ways of life. This can lead to increased cultural awareness and tolerance, and can help to promote peace and stability in the world.
However, globalization and international trade are not without their challenges and drawbacks. One of the main concerns is the issue of income inequality. While globalization and international trade have contributed to economic growth and development, they have also resulted in increased competition and wage stagnation for workers in many countries. This has led to concerns about income inequality and poverty, as workers in developing countries struggle to compete with workers in developed countries, who have access to better education and technology.
Another challenge associated with globalization and international trade is the environmental impact. The increased movement of goods and people across the world has resulted in increased carbon emissions and environmental degradation, as well as the loss of biodiversity and wildlife habitats. Additionally, the exploitation of natural resources in developing countries by developed countries has also contributed to environmental degradation and resource depletion.
Despite these challenges, globalization and international trade are likely to continue to shape the world economy and society for the foreseeable future. In order to ensure that these processes are sustainable and inclusive, it will be important for governments and international organizations to work together to address these challenges, and to ensure that the benefits of globalization and international trade are shared by all people around the world. This will require the creation of new trade agreements and policies that promote sustainable and inclusive growth, as well as the development of new technologies and systems that can help to reduce the environmental impact of globalization and international trade.
In conclusion, globalization and international trade are powerful forces that are transforming the world economy and society. While they have brought many benefits, such as increased economic growth and development, increased cultural exchange and understanding, they have also created new challenges and challenges, such as income inequality and environmental degradation. To ensure that these processes are sustainable and inclusive, it will be important for governments and international organizations to work together to address these challenges, and to ensure that the benefits of globalization and international trade are shared by all people around the world.
Globalization and International Trade
RUBRIC
QUALITY OF RESPONSE NO RESPONSE POOR / UNSATISFACTORY SATISFACTORY GOOD EXCELLENT Content (worth a maximum of 50% of the total points) Zero points: Student failed to submit the final paper. 20 points out of 50: The essay illustrates poor understanding of the relevant material by failing to address or incorrectly addressing the relevant content; failing to identify or inaccurately explaining/defining key concepts/ideas; ignoring or incorrectly explaining key points/claims and the reasoning behind them; and/or incorrectly or inappropriately using terminology; and elements of the response are lacking. 30 points out of 50: The essay illustrates a rudimentary understanding of the relevant material by mentioning but not full explaining the relevant content; identifying some of the key concepts/ideas though failing to fully or accurately explain many of them; using terminology, though sometimes inaccurately or inappropriately; and/or incorporating some key claims/points but failing to explain the reasoning behind them or doing so inaccurately. Elements of the required response may also be lacking. 40 points out of 50: The essay illustrates solid understanding of the relevant material by correctly addressing most of the relevant content; identifying and explaining most of the key concepts/ideas; using correct terminology; explaining the reasoning behind most of the key points/claims; and/or where necessary or useful, substantiating some points with accurate examples. The answer is complete. 50 points: The essay illustrates exemplary understanding of the relevant material by thoroughly and correctly addressing the relevant content; identifying and explaining all of the key concepts/ideas; using correct terminology explaining the reasoning behind key points/claims and substantiating, as necessary/useful, points with several accurate and illuminating examples. No aspects of the required answer are missing. Use of Sources (worth a maximum of 20% of the total points). Zero points: Student failed to include citations and/or references. Or the student failed to submit a final paper. 5 out 20 points: Sources are seldom cited to support statements and/or format of citations are not recognizable as APA 6th Edition format. There are major errors in the formation of the references and citations. And/or there is a major reliance on highly questionable. The Student fails to provide an adequate synthesis of research collected for the paper. 10 out 20 points: References to scholarly sources are occasionally given; many statements seem unsubstantiated. Frequent errors in APA 6th Edition format, leaving the reader confused about the source of the information. There are significant errors of the formation in the references and citations. And/or there is a significant use of highly questionable sources. 15 out 20 points: Credible Scholarly sources are used effectively support claims and are, for the most part, clear and fairly represented. APA 6th Edition is used with only a few minor errors. There are minor errors in reference and/or citations. And/or there is some use of questionable sources. 20 points: Credible scholarly sources are used to give compelling evidence to support claims and are clearly and fairly represented. APA 6th Edition format is used accurately and consistently. The student uses above the maximum required references in the development of the assignment. Grammar (worth maximum of 20% of total points) Zero points: Student failed to submit the final paper. 5 points out of 20: The paper does not communicate ideas/points clearly due to inappropriate use of terminology and vague language; thoughts and sentences are disjointed or incomprehensible; organization lacking; and/or numerous grammatical, spelling/punctuation errors 10 points out 20: The paper is often unclear and difficult to follow due to some inappropriate terminology and/or vague language; ideas may be fragmented, wandering and/or repetitive; poor organization; and/or some grammatical, spelling, punctuation errors 15 points out of 20: The paper is mostly clear as a result of appropriate use of terminology and minimal vagueness; no tangents and no repetition; fairly good organization; almost perfect grammar, spelling, punctuation, and word usage. 20 points: The paper is clear, concise, and a pleasure to read as a result of appropriate and precise use of terminology; total coherence of thoughts and presentation and logical organization; and the essay is error free. Structure of the Paper (worth 10% of total points) Zero points: Student failed to submit the final paper. 3 points out of 10: Student needs to develop better formatting skills. The paper omits significant structural elements required for and APA 6th edition paper. Formatting of the paper has major flaws. The paper does not conform to APA 6th edition requirements whatsoever. 5 points out of 10: Appearance of final paper demonstrates the student’s limited ability to format the paper. There are significant errors in formatting and/or the total omission of major components of an APA 6th edition paper. They can include the omission of the cover page, abstract, and page numbers. Additionally the page has major formatting issues with spacing or paragraph formation. Font size might not conform to size requirements. The student also significantly writes too large or too short of and paper 7 points out of 10: Research paper presents an above-average use of formatting skills. The paper has slight errors within the paper. This can include small errors or omissions with the cover page, abstract, page number, and headers. There could be also slight formatting issues with the document spacing or the font Additionally the paper might slightly exceed or undershoot the specific number of required written pages for the assignment. 10 points: Student provides a high-caliber, formatted paper. This includes an APA 6th edition cover page, abstract, page number, headers and is double spaced in 12’ Times Roman Font. Additionally, the paper conforms to the specific number of required written pages and neither goes over or under the specified length of the paper.
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