My Stand On Global Economic Integration

 Global Economic Integration helpful or not?

Global Economic Integration is widely seen to help improve our economy, the trading of our products and sharing technology for convenient production of goods and products. Economic integration is an arrangement among nations that typically includes reduction or elimination of trade barriers and the coordination of monetsry and fiscal policies. Many are against about it but for me, it will help increase our  economic status. In what way? 

Through the help of global economic integration countries of who joined globalization will be able to export their products freely. Once the goods passed through the borders, the products can be moved freely without additional tariffs. Economic integration eliminate all barriers  to allow free movement of goods, services, capital and labour. By that, you could say that probably it could develop ones country. Globalization is the reason why economic integration occur. When their is globalization, each country would have access in the new technologies advances that would help them improve their way of living and much easier production of goods. Poor countries would have the chance to innovate their services and products. They would be able to use the knowledge they have acquired from others. Producers would have the opportunities to sell their goods not just in local but in internationanal markets. Because of free traiding we have the access to buy goods whatever we want. The increase of global trade would enhanced employment conditions, helping other countries to decrease the unemployement rate because trading would help expand markets and countries could invest in cross borders. 

Indeed, global economic integration is helpful because it allow countries around the globe to have market effeciency. It allow us to access goods and services from other countries and vice- versa. Through the help of globalization we are able to improve our economy.