Globalization and International Trade

Published: 2017-08-24 16:22:38
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Harvey Mudd College
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Essay
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Problem: To analyze the correlation between environmental problems and global trade relations

           With the increase in international integration, global trade relations have improved, and many more countries have signed treaties, agreement, or charters to guide, protect and control commerce and relations. The political, legal, as well as institutional aspect of the global environment, has significantly affected the trading system, and so is the environment. Trade relations including, policies, law, businesses, technology, and national security issues might have improved, but the environment is one area that is still to improve. With the increase in environmental degradation, climate change related problems have increased. All global companies are strategizing to manufacture better and export more goods to maximize profit.        

The use of plastic and some other non-biodegradable has increased. Pollution from factories has increased as so is poor waste management. Most of the global companies produce a lot of plastic waste that are not properly managed. However, the fact that most of the goods are exported means that it is not the home countries that are faced with the threats of plastic bags and non-biodegradable products. The producing countries are not affected, but the importing courtiers are affected (Stern, 2009).

           More and more products are produced for export, and more people are buying more precuts than they needed. With increased demand, there has been a further increase in production and production requires resources. This means that more natural resources are consumed and exploited. Natural resources are not depleted as fast as they are depleted. Without controlling production, the natural resources such as water, trees, minerals, and others will be depleted. More lands are rendered derelict, and large water bodies are faced with problems such as oil spills, disposal of factory waste and packaging wastes into the water bodies have lead to further environmental challenges. Most non-biodegradable packaging is disposed of in the landfills that lead to further problems.

Steps of conducting research

First step: Introduction: Identifying the research issues and writing research questions

           Globalization and international, trade are major concepts in the 21st century. All countries are trading across the border. They either import products from other nations or export the excess produce to other countries. Environmental pollution is a major problem associated with disposal of waste. These two concepts are closely related, but the significance of the correlation is still unknown (Stiglitz, 2002).

Second step: analyzing present literature in the topic/ literature review

           Various pollution, online materials, conference papers, scholarly researchers, and journal and industry papers have been published on the topic. These materials will be reviewed to find a proper background for the study.

Third step: Developing research methodology

           The third step is to develop the research design and methods. A sample of 100 citizens will be randomly selected from the local community. The population will be the local municipality where the sample of 100 residents will be selected for the survey. The survey material will be distributed to them without asking them their names, house number of street number to protect their identities. Random sampling is done to avoid bias in research.

Fourth step: analyzing the data

           The data so collected will be analyzed to prove the research hypothesis and answers the research questions. Which is to determine if there is a correlation between environmental pollution and global trade?

Fifth step: writing research report, discussion, and conclusion

           After analyzing the data, the debate on the research findings is done. The paper will discuss if there is a correlation and the strength of the correlation. The discussion will be represented in report form and conclusion will include a recommendation for further research and recommendation on environmental management practices.

Problem 2: How Statistics is applicable in daily life

           When making plans on the course to pursue, I have to sample a few employees working in the various institution, banks, school, supermarkets, and even factories. After sampling these people, I ask them questions about their courses, their job description, and their salaries. I take the average. I have to develop a questionnaire that I self-administer to them and go back home to analyze and make my decision based on the averages (Stiglitz, 2002). I can conduct t-statistics, ANOVA, regressing analysis, and or correlation analysis. The idea is to understand the trend of income level and academic level or income level and industry, or income level and occupation.

Conclusion

           There is a significant correlation between globalization and environmental pollution. Globalization has lead to over production of products that are not even needed leading to other problems such as consumerism. Increased international trade has prompted increased production that also leads to increased greenhouse have emission from heavy industries transportation, and burning of waste. Therefore, trade promotion should be reconciled with the desire to protect the environment from pollution by manufacturers, and consumers.

References

Stern, R. (2009). Globalization and international trade policies (1st ed.).  Hackensack, NJ: World Scientific.

Stiglitz, J. (2002). Globalization and its discontents (1st ed.). New York: W.W.   Norton.

sheldon

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