Many products that we buy are made in other countries. Discuss the advantages and disadvantages of this and give your own opinion.

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Most of the
products
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that
people
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buy today are made in foreign countries. Buying foreign
goods
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would certainly aid to
country
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’s economy and present a wide variety of options for
people
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to choose but there will
also
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be some drawbacks. In my opinion,
people
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should prefer local
products
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first
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because they are less expensive. One evident benefit of buying overseas
products
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is that it would accelerate the revenue of the
country
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. When
goods
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of other countries are bought and sold in a native
country
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, they would have to pay tax for importing those
products
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which in turn increases the revenue of the
country
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.
For instance
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, Indomie Noodles which is an Indonesian product is popular in Australia, and it pays tax for importing it to the
country
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.
Moreover
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,
people
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have a plethora of options to buy when there are a wide variety of
products
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in the market, and they do not have to use local
products
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all the time. Despite its advantages, there are some demerits of
this
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phenomenon.
Firstly
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, local manufacturers would face a huge loss in the business because
people
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prefer to buy overseas
products
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.
This
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would not only affect the
country
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’s economy but
also
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results in unemployment if the small scale business does no run for a long-term. To illustrate,
r
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the
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esearch found that around 30% of the locally made
products
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are out-of-business because of foreign
goods
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entering the market.
In addition
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to that, those
products
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are too expensive which includes taxes, and some common
people
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cannot afford that. In conclusion,
although
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there are some benefits of buying items from other countries, the disadvantages
such
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as unemployment cannot be overlooked. I believe, if
people
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prefer to buy local
products
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in spite of foreign
goods
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, local businesses would be encouraged.
Submitted by Sam on

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