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Globalization

Globalization is a well-known word in the modern society, and it becomes more and more popular. Globalization refers to the increasingly close economic ties among countries. These ties include trade, travel, immigration, employment, shared information on the Internet, increased investment in foreign countries, and an accelerated pace of technological advance. It is the global economy, which we think of as being globalized (Williamson 1998). New Zealand is a part of the global economy; globalization has many effects on the New Zealand economy. In recent years, lots of people immigrated to New Zealand. The immigrations brought a great change on the New Zealand economy. This is an important influence of globalization. Another important effect is the international trade. Although both of these two effects have the benefits, they also have the harms for New Zealand. Due to this, the Government should issue some policies in order to regulate against undue harm. Howsoever, the globalization will promote New Zealand economy onward.

It is no doubt true to say that New Zealand is a country, which has been built by immigrants. As far as we know, New Zealand was first populated by Polynesian groups (Maoris, as they are now called), then Eur


In conclusion, globalization of unprecedented breadth and depth is occurring throughout today’s world at an exceeding speed, becoming one of the most obvious and important features of the world. It brought the big changes on many sides in every country; economy is the area, which most forced. New Zealand economy is affected by globalization in many ways. The two important influences are immigration and international trend. The settlers in New Zealand created many investments and opportunities. They also brought the new technology and bankroll. All these are beneficial to New Zealand economy. The international trend opened the trend market of New Zealand, it changed the trend liberalization and broader. Of course, both of these two effects have harms, but compare the benefit and harm, the result is the advantages outweigh the disadvantages. If the government can constitute the policy well, the harm of the globalization will be reduced to minimum.

Meanwhile, the export and import are related to the exchange rate of New Zealand dollars. The economic growth can cause an increase of the exchange rate, but the high rate will go against the export. Due to New Zealand is a small market of trend, it basically uses the export to sustain import; the reducing of export will lead a decrease in import. The final result is that the economy will decline. Therefore, the government needs to make the trend policy balance. In recent years, many nations have shifted their trade policy focus away from multilateral efforts to reduce trade barriers, and have instead moved towards regional trade arrangements. New Zealand is one such nation. However, the move towards regional trade arrangements does not mean that New Zealand has given up hope on multilateral trade liberalization. The purpose to do this is adjusting the policy to achieve the goal of economy growth.

However, things will develop in the opposite direction when they become extreme. On the other hand, superfluous immigrations will cause the harm outweigh the benefit. For a foresight, the government should change the immigration policy over one certain period, in order to regulate against the undue harm. Too much settlers will go against with population, en

Some topics in this essay:
Zealand Immigration, Due Zealand, Zealand Government, Forestry Zealand's, GDP Trend, , Maori Trade, GDP Zealand, Due Government, Zealand Island, zealand economy, trade liberalization, international trend, asian immigrants, foreign markets, immigration policy, international trade, trend policy, trend policy reviews, create jobs, increase unemployment, policy reviews 1996, regulate undue harm, regional trade arrangements, towards regional trade,

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Approximate Word count = 1492
Approximate Pages = 6 (250 words per page double spaced)


  

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