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

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

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