SOI:​ Throughout ​time ​the ​personal​, ​national ​and ​global trade ​of goods and services has led to

opportunities and tensions.

Time: Future Place: Global

Criterion D1: identify the main points of ideas, events, visual representation or arguments.

Personal “In 2007, only 21% of the world's population had access to the Internet. Now more than 47% of
people, even in remote areas, are online. With more consumers gaining access to virtual market
places, and an emerging global middle class, we will see growth in trade volumes.” (DMCC)
Nowadays, half of the human population on earth had used the internet and in the future, more people
would use the internet for trading. Trading digitally doesn’t have to be in a long radius. Sometimes,
people trade digitally in a close range or inside the country.

“This concern, while understandable, is unfounded. In fact, AI will be the greatest job engine the world
has ever seen.” (Robin Harding)

In the future, AI will be available on sale in the market and AI will take over millions of job. In the
developed country, people will buy AI worker for their comfortable and those AI will increase the
country’s economy. Also, there will be only a few jobs left in the world and billions of people will be
replaced with AI. This process will end up having a lot of homeless people because they can’t find a
job that fits them because the AI had taken over.

National “Here the crisis is not just technological disruption, but the failure of human leadership,
communication and political rapport on larger issues such as climate change, income
inequality and shifting balances of power from America to China for example.” (Michale K.
Spencer)
In the future, people might be able to trade more but sometimes there’s an argument between
two countries and it mostly happened because there’s unbalanced power where a strong
country’s economy like the U.S is going down and a developing country like China is
increasing unexpectedly. When an argument happened and the conversation ends with anger
between two leaders, both country usually cut the trade route between the 2 countries apart,
denying each other product. When the trade route of the 2 countries are apart, it takes time to
come back together and that’s the bad thing about trading between 2 countries.

“The need for new kinds of consensus and soft skills for human leaders has never been
greater. Future globalization is emerging that will feel fundamentally different.” (Michale K.
Spencer)
Sometimes, an argument can cause a trade war where two country and both leaders try to
gain profit from each other and make their opponent lose profit by doing a small trade. If one
side of the country is losing, they might want to start a real war and the war wouldn’t stop
until many leaders are formed together to stop the two countries.

Global “When it comes to the global trade, technological advancements, and political developments can
affect the nature of how goods and services are exchanged. Political adjustments and protectionist
policies can strain relationships” (DMCC)

When there’s global trade, high technological advancements and the developments of political can
affect how to good and services are traded inside the country. Sometimes, the ways political are
organized or any rules that disagreed with the trading route inside the country can have a big impact
 on the relationship of other countries because sometimes the political policies forced a trade to go by
the rules and that causes a bad relationship with the country that is willing to trade but got rejected.

“Geopolitics challenge the Future of Trade. In the last decade, trade barriers in major trading hubs
have decreased, however global trade has been sluggish. Stalled trade negotiations and non-tariff
barriers could be hindering global trade growth. Political changes such as the US election and Brexit in
2016 have also had significant effects on businesses and trade.” (DMCC)

Around ten years ago, global trade had become idle and the trading route has decreased. The
prediction had been made that the discussion about global trade and non-tariff barrier might be
stopping the global trade growth and this could affect the global trade in the future because of the
currency in each country are increasing over time, causing the tariff to increase and the amount of
country that is willing to trade will decrease because the tariff is too expensive.

“While cross-border trade is still synonymous with paperwork, the development of blockchain,
advanced robotics, and the Internet of Things presents a profound shift for the future. Blockchain,
while still not deployed at an industrialized scale, will begin to streamline business efficiency for global
importers and exporters; reducing costs, increasing productivity, and driving economies over the next
decade.” (DMCC)
The blockchain is the new digital currency the world would be using in the future. The blockchain is a
currency that can be used around the world. The blockchain increases the efficiency of global trade
because every product that is online can be paid with the blockchain.

Criterion D2: ​use information to give an opinion.

Oppworldwideortunities (Positives) Tensions (Negatives)

The good thing about future trade is that people will
be able to access more advanced technology and
experience a different type of product that exist
worldwide. Also, people could trade faster around
the world without using real-life currency due to the
digital currency called the blockchain. The good thing
about AI taking over a lot of jobs is that they will work
more efficiently and for a while, the country economy
will get better due to the AI worker that was put to
sell in the market. In this process, from a poor
country and become a rich country by selling AI.
Trading in real life will be much faster because of
high-tech transportation.
The bad thing about future trade is that if there’s a conflict
between two leaders, people from each country will not be
able to trade with each other because of the closed trade
route. Trade war might happen more often and once that
happens, at least one country will have a big impact on it.
Another bad thing that will happen is that AI will take over
many jobs and most people will be homeless in the future. If
the process keeps going, people will start to protest against
the government and that will cause a lot of violence
between the government and the citizen.