Global Cooperation
Important Global Cooperation
Shirley Zhang
University of San Francisco
Important Global Cooperation There is a Chinese proverb that says, “One chopstick is easily broken, but ten pillars chopsticks firmly hold dough.” This reveals a simple rule that unity is much stronger than individuals, and if you do not want to be beaten, you should unite and cooperate against enemies together. This proverb can also be used internationally. Global cooperation is important to maintain economy, and improve safety, peace and the environment.
Different countries’ economies are linked together, and influence one another in many ways. Hence, in the globalized economies people always worry more about the economic growth and crisis. Trade is the activity of exchanging goods and services. There are many trades, for example, to exchange fish for beef or to pay a taxi for its driving. One of the economic principles is that trade makes everyone better off. International trade is essential in these days because each country cannot provide the product it needs to serve the whole society, or it will cost more opportunity cost such as time and money in some productions. In this case, global trade is required. According to the World Trade Organization (WTO), 2013 annual exports valued $18,784,000 million in total merchandise, and valued $4,623,710 million in commercial services (2014). These massive amounts of numbers show the significant value of international trade in the world.
China is the largest exporter, and had valued $2,209,626.0 million, which is 11.7 percent of total world merchandises trade in 2013. Also, it had become the world second large economy according to WTO Database. However, it was only exporting $5,790 million goods and 1.0 percent of total world trade in 1973 (WTO, 2014). China has an unbelievable growth, and the biggest reason is that China started to switch the closed economy into more tradable market economy and trade much
Shirley Zhang
University of San Francisco
Important Global Cooperation There is a Chinese proverb that says, “One chopstick is easily broken, but ten pillars chopsticks firmly hold dough.” This reveals a simple rule that unity is much stronger than individuals, and if you do not want to be beaten, you should unite and cooperate against enemies together. This proverb can also be used internationally. Global cooperation is important to maintain economy, and improve safety, peace and the environment.
Different countries’ economies are linked together, and influence one another in many ways. Hence, in the globalized economies people always worry more about the economic growth and crisis. Trade is the activity of exchanging goods and services. There are many trades, for example, to exchange fish for beef or to pay a taxi for its driving. One of the economic principles is that trade makes everyone better off. International trade is essential in these days because each country cannot provide the product it needs to serve the whole society, or it will cost more opportunity cost such as time and money in some productions. In this case, global trade is required. According to the World Trade Organization (WTO), 2013 annual exports valued $18,784,000 million in total merchandise, and valued $4,623,710 million in commercial services (2014). These massive amounts of numbers show the significant value of international trade in the world.
China is the largest exporter, and had valued $2,209,626.0 million, which is 11.7 percent of total world merchandises trade in 2013. Also, it had become the world second large economy according to WTO Database. However, it was only exporting $5,790 million goods and 1.0 percent of total world trade in 1973 (WTO, 2014). China has an unbelievable growth, and the biggest reason is that China started to switch the closed economy into more tradable market economy and trade much
References: Convention on International Trade in Endangered Species of Wild Fauna and Flora (CITES). Crash course. (2013, Sep 7). The Economist. International trade and market access data. (2014). World Trade Organization (WTO). Lifton, R. (2013). The dimensions of contemporary war and violence: How to reclaim humanity from a continuing revolution in the technology of killing. Bulletin Of The Atomic Scientists, 69(4), 9-17. Nordhaus, D. (2011). The architecture of climate economics: Designing a global agreement on global warming. Bulletin Of The Atomic Scientists, 67(1), 9-18. Tsunami. (2005). America. Yan, W. (2009, April 23). Crisis-Driven cooperation. Beijing Review.