Many supermarkets are selling more and more products that are imported from other countries instead of selling food that is locally sourced. What are the reasons for this? Is this a positive or negative development?

Supermarkets are increasing the share of imported goods in their inventory
due to
several reasons.
First,
imported
products
bring in greater profit than local
products
due to
their higher prices.
Second,
this
strategy leads to increased
overall
sales as the target market is the higher-income class which is consumption-oriented.
Lastly
, it is difficult to refrain from buying these
products
when they are readily available,
thus
, they attract people from other market segments as well. Whether
this
development is positive or negative can be established after weighing out the benefits it brings to the economy against its disadvantages. The benefits of
this
approach include the availability of a greater variety of
products
to the public so that they can raise their standard of living.
Additionally
, it provides an incentive for foreign investors to set up their businesses in the country with a customer base already established.
This
will lead to an inflow of foreign capital within the country. Despite the above-mentioned benefits,
such
a practice will be detrimental to the economy in the long run ,especially for developing countries like Pakistan. Taking the example of Pakistan, it has been found that the country is heavily dependent on imports
while
exports
are
Wrong verb form
have been
show examples
stagnant since its formation.
Therefore
, in countries where local items are already facing harsh competition with foreign
products
, their demand will
further
decline.
This
problem will be aggravated if foreign businesses
began
Wrong verb form
begin
show examples
to dump their low-priced goods in the local supermarkets, as they will have the accessibility to do so.
Hence
, it is established that supermarkets increasing the sale of imported inventory is a negative development.
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