Countries are becoming more and more similar because people are able to buy the same products anywhere in the world. Do you think is a positive or negative development?
Nowadays, many businesses have been branching out
into
overseas, Change preposition
apply
as a result
of which people
can purchase any similar products
regardless of their location. While
it may pose a threat to domestic companies, this
will bring greater benefits to individuals, encompassing broadening an array of accessible options as well as
their understanding of other cultures.
Importing goods from other nations could result in a multitude of domestic industries going out of business. For instance
, in Japan, there is a wide range of products
from all over the globe such
as electric appliances, cars, and coffee beans. This
movement would undoubtedly have a detrimental influence on the revenue of the existing domestic companies on account of the tough competition. Nevertheless
, the negative effect could be meditated by introducing high tariffs on these imported items, leading to a healthy balance in the markets.
Viewing this
trend from customers’ perspectives, two major positive impacts can be observed, one of which is regarding fulfilling their needs better. As an example, if cars made in Japan or Korea were not available in Australia, not only would many struggle to locate a reasonably priced car, but it would also
cause people
not to access their favourable brands, meaning that constrain available choices. Furthermore
, having products
from a different country can also
spur people
to understand different cultures. This
is certainly exemplified by many Japanese people
being tuned into Korean idols, and dramas, as a result
of prevalent Korean goods across the country. Hence
, improving accessibility to multiple nations’ items, in which similar products
are sold regardless of geographical locations, can contribute to these two merits.
To conclude
, although
there might be a likelihood that domestic companies would be impaired by the prevalence of imported items, it can be prevented by some regulations. If anything, it is more likely to accommodate customers’ needs as well as
instil people
in other people
’s cultures.Submitted by artical5er7 on
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