International trade deals and their impact on markets is a recurring theme in IELTS Writing Task 2. This topic has appeared frequently in past exams and is likely to remain relevant in future tests due to its global significance. Let’s explore a sample question and provide model essays for different band scores to help you prepare effectively.

Some people think that international trade agreements are the main factor in determining a country’s economic success. To what extent do you agree or disagree with this statement?

Analyzing the Question

This question requires you to discuss the importance of international trade agreements in relation to a country’s economic success. You need to consider:

1. The role of international trade agreements
2. Other factors that contribute to economic success
3. Your opinion on the extent to which these agreements determine economic success

Now, let’s look at sample essays for different band scores.

Band 8-9 Model Essay

International trade agreements undoubtedly play a significant role in shaping a country’s economic landscape. However, while these agreements are crucial, they are not the sole determinant of economic success. This essay will argue that while trade deals are important, other factors such as domestic policies, human capital, and technological innovation are equally, if not more, vital for a nation’s economic prosperity.

Firstly, international trade agreements can indeed boost a country’s economic performance by opening up new markets and fostering competition. For instance, the North American Free Trade Agreement (NAFTA) has significantly increased trade volumes between the United States, Canada, and Mexico, contributing to economic growth in these countries. Such agreements can lead to increased exports, job creation, and access to a wider range of goods and services for consumers.

However, the success of these agreements largely depends on a country’s ability to leverage them effectively, which is determined by various internal factors. Domestic policies play a crucial role in creating an environment conducive to economic growth. Sound fiscal and monetary policies, effective regulation, and investments in infrastructure are essential for capitalizing on the opportunities presented by trade agreements. For example, China’s economic reforms and opening-up policies have been instrumental in its rapid economic growth, complementing its participation in international trade.

Moreover, human capital and technological innovation are increasingly important in today’s knowledge-based economy. Countries that invest heavily in education, research, and development often see greater economic success, regardless of their trade agreements. South Korea’s transformation from a war-torn country to a technological powerhouse is a testament to the power of human capital development and innovation-driven growth.

In conclusion, while international trade agreements are undoubtedly important, they are not the main factor determining a country’s economic success. A holistic approach that combines effective trade policies with strong domestic fundamentals, investment in human capital, and technological innovation is more likely to lead to sustained economic prosperity. The interplay of these factors, rather than trade agreements alone, is what truly drives a nation’s economic success in the long term.

Factors contributing to a country's economic success

Band 6-7 Model Essay

International trade agreements are often seen as a key factor in determining a country’s economic success. While I agree that these agreements play an important role, I believe that they are not the main factor and that other elements are equally significant.

Trade agreements can certainly benefit a country’s economy. They allow for easier exchange of goods and services between nations, which can lead to increased exports and economic growth. For example, many Southeast Asian countries have seen their economies improve after joining trade blocs like ASEAN. These agreements can also attract foreign investment and create jobs.

However, there are other factors that are just as important for economic success. Domestic policies, such as those related to education, infrastructure, and business regulations, play a crucial role. A country with good schools and universities will have a skilled workforce, which is essential for economic development. Similarly, good infrastructure like roads and internet connectivity helps businesses operate more efficiently.

Another important factor is a country’s natural resources and how they are managed. Countries rich in oil or minerals can be very successful economically if these resources are used wisely. Additionally, political stability and good governance are necessary for long-term economic growth.

In conclusion, while international trade agreements are important, they are not the only factor determining a country’s economic success. A combination of trade agreements, domestic policies, resource management, and good governance is necessary for a country to achieve economic prosperity.

Band 5-6 Model Essay

International trade agreements are very important for countries’ economies. Some people think they are the main reason for economic success. I partly agree with this idea, but I think there are other important things too.

Trade agreements help countries buy and sell things with other countries more easily. This can make a country richer because it can sell more products. For example, when China joined the World Trade Organization, its economy grew very fast. Also, these agreements can bring new jobs to a country.

But there are other things that make a country’s economy successful. One important thing is education. If people in a country are well-educated, they can do better jobs and make more money. Another important thing is technology. Countries that make new technology often have strong economies.

Also, the government’s decisions are very important. If the government makes good rules for businesses and spends money wisely, the economy can grow. Natural resources like oil or gold can also make a country rich if they are used well.

In conclusion, I think international trade agreements are important, but they are not the only thing that makes a country’s economy successful. Many other things like education, technology, government decisions, and natural resources are also very important.

Simple diagram of factors influencing economic success

Explaining the Band Scores

Band 8-9 Essay:

This essay demonstrates excellent command of the English language and addresses all parts of the task fully. It presents a clear position and develops ideas coherently. The essay uses a wide range of vocabulary and complex sentence structures accurately. It also provides specific examples to support its arguments, showing a sophisticated approach to the topic.

Key strengths:

• Clear and well-developed argument
• Sophisticated vocabulary (e.g., “foster competition”, “leverage effectively”)
• Complex sentence structures
• Relevant examples (NAFTA, China’s economic reforms)
• Cohesive paragraphs with clear topic sentences

Band 6-7 Essay:

This essay addresses the task adequately and presents a clear position. It uses a mix of simple and complex sentence structures and has a good range of vocabulary. While it provides some examples, they are less specific compared to the Band 8-9 essay. The ideas are generally well-organized, but the development is less sophisticated.

Key features:

• Clear position with some development
• Mix of simple and complex sentences
• Good range of vocabulary with some less precise word choices
• Some examples, but less specific
• Generally coherent paragraphs

Band 5-6 Essay:

This essay addresses the main parts of the task but in a more limited way. It presents a basic position and some main ideas, but the development is simple. The essay uses mostly simple sentences and basic vocabulary. While it attempts to provide examples, they are general and lack detail. The organization is visible but not always logical.

Key aspects:

• Basic position with limited development
• Mostly simple sentences
• Limited range of vocabulary
• General examples without much detail
• Basic paragraph structure

Key Vocabulary to Remember

1. Trade agreement (noun) /treɪd əˈɡriːmənt/ – An arrangement between countries to regulate trade between them
2. Economic prosperity (noun phrase) /ˌiːkəˈnɒmɪk prɒˈsperəti/ – The state of having a strong, thriving economy
3. Leverage (verb) /ˈliːvərɪdʒ/ – To use something to maximum advantage
4. Conducive (adjective) /kənˈdjuːsɪv/ – Making a certain situation or outcome likely or possible
5. Holistic (adjective) /həˈlɪstɪk/ – Characterized by the belief that the parts of something are interconnected and can be explained only by reference to the whole
6. Infrastructure (noun) /ˈɪnfrəstrʌktʃə/ – The basic physical and organizational structures and facilities needed for the operation of a society or enterprise
7. Fiscal policy (noun phrase) /ˈfɪskəl ˈpɒləsi/ – Government policy relating to taxation, spending, and borrowing
8. Human capital (noun phrase) /ˈhjuːmən ˈkæpɪtl/ – The skills, knowledge, and experience possessed by an individual or population, viewed in terms of their value or cost to an organization or country

Conclusion

The Impact Of International Trade Deals On Markets is a complex and multifaceted topic that frequently appears in IELTS Writing Task 2. To excel in this type of question, it’s crucial to demonstrate a balanced understanding of the role of trade agreements alongside other factors influencing economic success. Practice writing essays on related topics such as the impact of inflation on international trade or how the digital economy is transforming global trade. Remember to structure your essay clearly, use a range of vocabulary and sentence structures, and provide specific examples to support your arguments.

We encourage you to practice writing an essay on the given topic and share it in the comments section below. This active practice is an effective way to improve your writing skills and prepare for the IELTS exam.