Global trade agreements and their impact on local economies is a topic that frequently appears in IELTS Writing Task 2. Based on recent trends and past exam questions, it’s highly likely that this theme will continue to be relevant in future IELTS exams. Let’s explore this topic through sample essays for different band scores, focusing on a common question type related to this subject.
Some people believe that global trade agreements benefit large corporations more than local businesses. To what extent do you agree or disagree with this statement?
Analyzing the Question
This question requires candidates to express their opinion on the impact of global trade agreements on different types of businesses. Key points to consider:
- The comparison between large corporations and local businesses
- The concept of “benefit” in the context of trade agreements
- The extent of agreement or disagreement with the given statement
Sample Essay 1: Band 8-9 Response
International trade agreements have become increasingly prevalent in our globalized world, sparking debates about their beneficiaries. While some argue that these agreements primarily favor large corporations, I partially agree with this statement, as I believe the impact is more nuanced and depends on various factors.
Undoubtedly, multinational corporations often possess the resources and infrastructure to capitalize on global trade opportunities more effectively than local businesses. Their extensive networks, financial capabilities, and economies of scale allow them to navigate complex international markets with greater ease. For instance, tech giants like Apple or Samsung can leverage trade agreements to establish global supply chains, reducing costs and expanding their market reach. This advantage can sometimes overshadow local businesses that lack similar resources.
However, it would be an oversimplification to claim that local businesses do not benefit from global trade agreements. These agreements often lead to reduced tariffs and simplified trade procedures, which can create new export opportunities for small and medium-sized enterprises (SMEs). In countries like Vietnam, for example, trade agreements have enabled local textile manufacturers to access larger markets, boosting their growth and competitiveness. Additionally, increased foreign investment resulting from these agreements can stimulate local economies, creating jobs and fostering innovation.
Moreover, the impact of trade agreements on local businesses largely depends on government policies and support systems. Countries that implement robust programs to assist local companies in adapting to global competition can see significant benefits for their domestic industries. For example, South Korea’s government initiatives to support its automotive industry have enabled local manufacturers like Hyundai and Kia to become global players, demonstrating that local businesses can thrive under trade agreements with proper support.
In conclusion, while large corporations may have certain advantages in leveraging global trade agreements, the benefits are not exclusively theirs. The impact on local businesses is complex and varies based on factors such as government support, industry characteristics, and the specific terms of the agreements. To ensure a more equitable distribution of benefits, policymakers should focus on creating supportive environments for local businesses to compete effectively in the global marketplace.
(Word count: 310)
Global Trade Agreements Impact
Analysis of Band 8-9 Essay
This essay demonstrates several key features that contribute to its high band score:
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Task Response: The essay fully addresses all parts of the task, presenting a clear position with a nuanced view of the issue.
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Coherence and Cohesion: The essay is well-organized with clear paragraphing and effective use of cohesive devices.
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Lexical Resource: A wide range of vocabulary is used accurately and appropriately, including topic-specific terms.
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Grammatical Range and Accuracy: The essay showcases a variety of complex sentence structures with high accuracy.
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Development of Ideas: Each point is well-developed with relevant examples and explanations.
Sample Essay 2: Band 6-7 Response
In today’s globalized world, international trade agreements are common. Some people think these agreements help big companies more than small local businesses. I agree with this idea to some extent.
Firstly, large corporations have more resources to take advantage of trade agreements. They have money, connections, and experience in international markets. For example, big tech companies like Apple can easily set up factories in different countries to benefit from lower costs. This is harder for small local businesses to do.
However, local businesses can also benefit from trade agreements. These agreements can make it easier for small companies to export their products to other countries. For instance, a small food company might be able to sell its products in new markets because of reduced taxes. This can help local businesses grow.
On the other hand, trade agreements can sometimes hurt local businesses. When foreign products enter the market easily, local companies might struggle to compete. This is especially true if the foreign products are cheaper or of better quality. For example, local clothing stores might lose customers to international fashion brands.
The government plays an important role in how trade agreements affect local businesses. If the government provides support and training to local companies, they can better compete in the global market. Some countries have successfully helped their local businesses grow internationally through such support.
In conclusion, while global trade agreements tend to benefit large corporations more, they can also create opportunities for local businesses. The impact depends on how well local businesses can adapt and how much support they receive from their government. To make trade agreements fair for everyone, governments should focus on helping local businesses compete globally.
(Word count: 276)
Analysis of Band 6-7 Essay
This essay demonstrates features that place it in the Band 6-7 range:
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Task Response: The essay addresses the main parts of the task, but the position is less nuanced compared to the Band 8-9 essay.
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Coherence and Cohesion: The essay is generally well-organized, but the use of cohesive devices is less sophisticated.
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Lexical Resource: The vocabulary is appropriate but less varied compared to the higher band essay.
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Grammatical Range and Accuracy: The essay uses a mix of simple and complex sentences with generally good accuracy.
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Development of Ideas: Ideas are developed logically, but examples and explanations are less detailed.
Key Vocabulary to Remember
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Global trade agreements (noun) – /ˈɡləʊbl treɪd əˈɡriːmənts/ – International pacts governing commerce between nations.
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Local economies (noun) – /ˈləʊkl ɪˈkɒnəmiz/ – Economic systems specific to a particular area or region.
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Multinational corporations (noun) – /mʌltiˈnæʃnəl kɔːpəˈreɪʃnz/ – Large companies operating in multiple countries.
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Tariffs (noun) – /ˈtærɪfs/ – Taxes imposed on imported goods.
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SMEs (Small and Medium-sized Enterprises) (noun) – /ˌes em ˈiːz/ – Businesses with revenues or employee numbers below certain thresholds.
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Foreign investment (noun) – /ˈfɒrɪn ɪnˈvestmənt/ – Capital from foreign countries invested in a country’s economy.
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Economies of scale (noun) – /ɪˈkɒnəmiz əv skeɪl/ – Cost advantages that businesses obtain due to their scale of operation.
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Globalized (adjective) – /ˈɡləʊbəlaɪzd/ – Characterized by worldwide integration and interdependence.
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Competitiveness (noun) – /kəmˈpetɪtɪvnəs/ – The ability to compete successfully in a market.
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Policymakers (noun) – /ˈpɒlɪsiˌmeɪkəz/ – People responsible for formulating policies, especially in government.
Conclusion
Understanding the impact of global trade agreements on local economies is crucial for success in IELTS Writing Task 2. The sample essays provided demonstrate how to approach this topic at different band levels. To further improve your skills, try writing your own essay on this topic or related ones, such as:
- How can governments help local businesses benefit from international trade agreements?
- Do you think the advantages of global trade outweigh its disadvantages for developing countries?
Remember to focus on clear argumentation, relevant examples, and proper essay structure. Feel free to share your practice essays in the comments section for feedback and discussion. This active practice will help you prepare effectively for the IELTS Writing Task 2.