Saturday, December 21, 2019

International Commerce And Its Impact On The World

It is confounding, though not in Barry’s satirical sense. Despite the increasingly connected world of Facebook, high speed travel, and Skype, Americans are still lagging behind the world when it comes to multilingual proficiency (Berman 9). In fact, while 57% of Europeans are fluent in two languages, that is only true for 9.3% of Americans (â€Å"Why Learn Languages?† 3). Modern language departments are being cut in both high schools and higher education institutions to balance budgets. Yet, learning a second language is even more relevant in our globalized world. International commerce dominates large sectors of the business world and political summits require people who are familiar with other languages and cultures other than their own to facilitate the negotiation of treaties and agreements. Thus, language learning remains an essential aspect of being a well-rounded, educated individual and provides benefits, oftentimes unexpected ones, to eager learners. The perk of learning another language that is possibly most touted by foreign language educators around the nation is that it increases employability. For businesses in contact with any form of foreign market, having employees that are fluent in multiple languages is essential to attract investors from abroad and even to translate advertisements. Knowing another language not only gives one an advantage in the job market but it also tends to give a salary boost. According to a 2014 study by The Economist, after 40 years ofShow MoreRelatedImpact Of E Commerce On International Trade Essay1045 Words   |  5 PagesE-COMMERCE ON INTERNATIONAL TRADE MUKESHV.M , (MCom,MBA Finanace,MPhil) Assistant Professor In Commerce And Management Studies, Mar Osthastheos College (Affiliated To University Of Calicut) Perumpilavu,Kunnamkulam,Thrissur-680519Ph:04885 282000Mob:9895617021Email:Mukeshmurli640@Gmail.Com Abstract The purpose of the present study is to investigate the impact of E-Commerce on international trade . electronic commerce offers economy wide benefits to all countries. The gains are likely to be concentratedRead MoreThe Effects Of E Commerce On Global Trade1524 Words   |  7 PagesThe effects of E-commerce in Global Trade Introduction E-commerce is a term describing a new and innovative more efficient way of doing business completely by use of the internet, to conduct trade dealings both on a national and global scale. 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