What other measures do you think might be effective? I will discussion several subjects to help with the launch of the new nbsp; Please check my essay — increase tax on petrol — The IELTS Network Please check my essay — increase tax on petrol commodities depend on the transportation cost, and fuel price directly influences this.
There might be a discussion about this on the talk page. While oil prices increasecosts rise for transportation firms, put pressure on their profits and forcing them to increase prices, influencing all the other firms that rely on transporting goods and people.
Journals Clerides, Sofronis - Zachariadis, Theodoros the effect of standards and fuel prices on automobile fuel economy an international analysis, Energy economic Nathon, P. Due to the past oil price shocksthe total macroeconomic damage occurred, the profits from the price decline to the economies of oil importing nations keep changing significantly.
Developing nations find it difficult to adjust the financial turmoil damaged by higher oil import costs. As a result, while some European car producers commercialise hybrid solutions, the market will probably experience rose demand for hybrid cars. Increasing the price of petrol is the best way to solve — Essay topics: I do not agree with this opinion because it can cause a ripple effect.
Many nations face higher inflation rates due to the rising oil prices in the world.
The increase in the price of oil has risen the cost of fertilizers which need petroleum or natural gas to manufacture. The key point to justify this attitude could be illustrated by a tangible example. These factors are affecting changes in global trade flows because of the increasing fuel costs.
Moreover it will cause hardship to daily commuters and school students. Thus, effective way to control aforementioned issues would be to use other renewable sources of energy in public transport system which can significantly bring down traffic and pollution problems.
However, whether or not it is effective is debatable. To what extent do you agree or disagree? If oil prices were to carry on increasing ,it would become unprofitable for China to carry on importing iron ore from foreign countries. Rising fuel prices lead to high shipping costs.
As a consequence, the inflation increases that makes life tougher for consumers around the globe. The cost of delivering products to different locations will become more expensive than before.
Increasing the price of petrol is ; best way to solve traffic and pollution problems. However, the other effects of this price hike should also be analyzed before taking such a decision. The government could, for example, decentralize urban areas and develop small cities.
This makes export producing unprofitable in developing nations. To cut a long story short, after applying this idea in cities, the evidence has shown most of the people turn to some Alternatives instead of the use private car.
During the difficult economic climate in the world, firms are merge with another firm to survive in the market. The higher fuel prices result in inflation, risen input costs, reduced investment in oil-importing states.
Greater fuel prices will result in an increase in the value of the dollar ,therefore, oil exporters invest their windfall earnings in US dollar controlled assets and transactions demand for dollar rises. Emerging economies have insufficient funds to offer the entrepreneurs in the shape of subsidy due to this expanded gap.
Higher transportation costs encourage producers to relocate production facilities closer to suppliers or markets according to the transportation volume such as input materials and the final product shipments. Higher interest rates decline the disposable income of consumers due to the higher debt service costs.
TerasaNet oil importing countries encounter a deterioration in their balance of payments, and reduces exchange rates.The fuel prices are a significant determinant of worldwide economic performance.
The oil price rise results in a transfer of income from oil importing to oil exporting countries according to a shift in terms of trade.
Gas prices increase has. IELTS Writing Task 2/ IELTS Essay: You should spend about 40 minutes on this task. Increasing the price of petrol is the best way to solve growing traffic and. Band 8 essay sample.
Over the last two decades there has been a massive increase in the number of vehicles on the road.
This can be attributed to the increased buying power of people; however, it has also led to traffic problems and pollution in big cities. Some people argue that this problem can be solved to a great extent by increasing fuel prices. IELTS Essay Correction: Increasing Price of Petrol.
By Sartaj Singh on June 9, • (Leave a comment) Increasing the price of petrol is the best way to solve growing traffic and pollution problems. increasing the price of petrol is an appropriate way to decline traffic and contamination problems. It is undeniable that traffic as well as traffic’s emissions will not work normally if the price of petrol rises.
Increasing Price Of Petrol Essay Help IELTS Writing Task 2 Sample – Increasing the price of petrol is the IELTS Writing Task 2 Sample – Increasing the price of petrol is the best In this essay, some other possible solutions will be elaborated.Download