Activity number 17: International Final Paper Rubric.
3
Today globalization in all countries are increasingly competing to be the best, from the smallest
one, to the largest countries seeking to innovate in the market. Looking their comparative advantage
and taken into account in order to excel and be more competitive.
Globalization is too importance for companies. Sometimes it is for countries in general, and they
allow free trade and openness to give competition in international markets. Generating a greater
economic fluidity for trading countries.
In addition, the globalization have many benefits for all of people because it allows them to have
higher standards of living and more favorable social status. Also, globalization is achieving
gradually disappear the monopoly in several countries, and it gives for new companies in the same
industry line so that they can compete, and it not allows stagnant the economy of the country in the
obsolescence(thing that will never have a significant economic growth). Having the access to free
trade can see a great advantage when competing with other countries, due to it gives way to
innovation to be creating new trends, create new products and improving some existing ones.
Today countries not only marketed production and technology. They also use the labor to reduce
production costs. In some countries the labor is very expensive. So, it is better for those to look
other countries where they can pay less for the labor with the purpose to go to that country, and
produce the products in that country. Moreover, if companies can reduce their costs and personal
unemployed by giving preparation and specialization to some employees in other areas. It could be
more competitive and perform other activities (giving better pay).
Also, some countries are specialized and are gaining a greater competitive advantage over other
countries. the globalization encourages countries to focus more on what can they do best. Other
countries produce more power than others. So, they sell that product to those countries, but it