Question

Please Help :

Write a 1200-word essay

How France is integrated into the world economy (globalization): trade, investment, prodcution,work opportunity, finance, etc.

and how the country benefit from the integrations or hurt by the integration?

references are required.

Thanks

Answer 1

THE WORLD ECONOMY(GLOBALIZATION):-

Globalization does not automatically benefit France.

The Globalization states that the develops according to principles that correspond neither to French tradition nor to French culture. These principles include the ultra liberal market economy, mistrust of the state, individualism removed from the republican tradition, the inevitable reinforcement of the universal and “indispensable” role of the United States, common law, the English language, Anglo-Saxon norms, and Protestant.

1. Historically, French identity has been defined by and built upon a strong central state — first monarchical, and then republican.

2. It was painstakingly built by jurists and based on the idea that France had a specific political, legal and cultural role to play in the world. France must thus make an exceptional effort to adapt.

3.France has very good cards in its deck, so long as it proves able to keep changing its behavior. For me, that’s the key.

4.To put it briefly, France’s population and territory are only of average size compared to the biggest countries out there, but France is very homogeneous.

5.It’s a country whose leading companies are now among the best in the world

6.It is a country that fascinates and attracts others. With over 70 million visitors per year, it is the most visited in the world.

7.It depends on how you do it. Just because France has a vision of the world, of democratization, of development and regulation, does not mean it does not have the right and even the duty to defend its interests.

8.Still, France is a great country and there is no reason for the French to underestimate themselves either.

COUNTRY BENEFIT FROM THE INTEGRATION:

Economic integration can be defined as a kind of arrangement where countries get in agreement to coordinate and manage their fiscal, trade, and monetary policies in order to be mutually benefited by them.

There are many other advantages associated with this concept.

They are:

1.Progress in trade.

2.Ease of agreement

3.Improved political cooperation.

4.Opportunities for employment.

5.Beneficial for financial markets.

6.Increase in Foreign Direct Investments.