Globalization has both positive and negative impacts on our
society. It brings in positive effect on our economy by increasing trade
between nations. On the other hand, globalization has also had negative impacts
on our environment. The negative impacts include global warming which is caused
by the greenhouse gases emission and deforestation which contributes to the
global warming. The study conducted by World Bank shows that organizations
prefer to move to nations where environmental laws are weak not because of
having to pay lower taxes, but mainly because of the size of its local market. Despite
the negative impact on the environment, globalization has helped to increase
the awareness and encourages multinational corporations to work together in
protecting the environment. However, the United State, the dominant nation in
emitting of greenhouse gases has rejected to sign the Kyoto Protocol. In
conclusion, in order to minimize the impact of globalization, it requires
cooperation among the leaders of the different nations to tackle such issues.
Globalization has both positive and negative impacts on our society. It /brings in(wrong words)/ (^) positive effect on our economy by increasing trade between nations. On the other hand, globalization has also had negative impacts on our environment. The negative impacts include global warming which is caused by the greenhouse gases emission and deforestation which contributes to the(redundant) global warming. The study conducted by (^)World Bank shows that organizations prefer to move to nations where environmental laws are weak not because of having to pay lower taxes, but mainly because of the size of its(wrong word) local market. Despite the negative impact on the environment, globalization has helped to increase the(redundant) awareness and encourages multinational corporations to work together in protecting the environment. However, the United State, the dominant nation in (^)emitting(word form) of greenhouse gases has rejected(wrong word) to sign the Kyoto Protocol. In conclusion, in order to minimize the impact of globalization, it requires cooperation among the leaders of the different nations to tackle such issues.
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