As global trade increases between different countries, many daily necessities are produced in other countries. Such goods are usually transported a long distance. Do the benefits of this trend outweigh its drawbacks?

There is no doubt that trading of necessary goods is accelerating at a fast pace internationally due to globalization. In my opinion, the benefits of

this

practice far outweigh the drawbacks because not only does it help to maintain

competition

in the local

market

, but

also

make available all necessities for foreign consumers living abroad. Admittedly, there are numerous disadvantages to

this

trend. One of them is to bear the heavy loss by the importer. To elucidate, many fruits and vegetables, which are often transported from one nation to another, are being protected by using chemicals and preservatives to reach a long distance.

Hence

, if there is an unexpected delay in transportation, these goods will spoil easily.

As a result

, the supplier has to bear a huge loss for

such

consignment. Despite the aforementioned drawbacks, I believe

this

practice is beneficial to foreign consumers in different ways.

Firstly

, it makes the necessary goods accessible.

This

is because often people belong to the different nations have their preferable food products and vegetable, which enable them to stay overseas.

For example

, recent news from the Economic Times reported that having better job prospects, the majority of Indians prefer to live in the foreign countries due to easy accessibility of their native food items;

this

has resulted in the migration of many Indians to stay over there without worry.

Secondly

, it helps to increase

competition

in the local

market

. If foreign customers have a wide range of goods available to choose, it will encourage the local manufacturer to produce the same quality goods locally rather than importing.

Therefore

,

this

brings healthy

competition

in the

market

. In conclusion, even though there are many downsides one of them of importing products internationally is an intense loss to importer, I think that encouraging

competition

in the local

market

and easy access to all necessary products are more imperative benefits.