The modern world (globalization, urbanization)

To foster the expansion

Ex: Thanks to globalization, the ease in trade and commerce has fostered the expansion of emerging market economies.

thúc đẩy sự mở rộng

International merchandise trade

Ex: Trade treaties (hiệp ước thương mại) being promoted and signed between countries has facilitated international merchandise trade.

Giao thương hàng hóa quốc tế

Era of prosperity

Ex: A new era of properity is being brought to underdeveloped nations with the support from international funds.

kỷ nguyên thịnh vượng

Cutting-edge technology

Ex: The process of internationalization has introduced developing countries the access to cutting-edge technology.

newest modern technology

Multilateral trade agreements

Ex: Multilateral trade agreements can remove both tariff (thuế quan xuất nhập khẩu) and non-tariff barriers between parties, therefore, enhance exports and imports.

hiệp định thương mại đa phương

To become closely integrated

Ex: Vietnam has become closely integrated with neighboring countries as the result of the establishment of the Association of Southeast Asian Nations (ASEAN) in 1995.

hội nhập chặt chẽ

The loss of national identity

Ex: There is a growing concern that a world language might lead to the loss of national identity.

đánh mất bản sắc dân tộc

Cultural convergence

Ex: Cultural convergence is considered one of the adverse (bất lợi) effects of globalization when different cultures reflect each other due to the increase in interactions.

>< Cultural divergence

Sự hội tụ văn hóa

Anti-globalization advocates

Ex: Anti-globalization advocates argue that the process would do away with (làm mất) traditional values and distinctive customs of cultures, hence contract cultural diversity.

People who oppose globalization

A cut-throat world

Ex: Internationalization is an indirect factor in creating a cut-throat world in which plenty of companies have fallen victim to (trở thành nạn nhân, bị tổn thương bởi) unfair competition.

một thế giới thiếu công bằng và cạnh tranh không lành mạnh

A booming population

Ex:

A staggering rate

Ex:

An insatiable desire

Ex:

To put an enormous strain

Ex:

To provide basic necessities

Ex:

To find adequate work

Ex:

Lack of affordable housing

Ex:

To fall into a dilemma

Ex: