▶ Your Answer :
As the world has become globalized , competition between countries is inevitable ,and importing and exporting products from one country to another is a common practice.Thus, companies are striving for attention not only fron consumers in their countries but also from those overseas through marketing ,promotions, sand services.Some contend that shoppers should take advantage of their freedom to choose what they wish to buy .However, for two reasons, I strongly believe purchasers should buy products from their own country even if the price is higher. For one thing , it will cause an effect of accumulating a national power by keeping money in the country 's economy. Moreover, it will promote the research and develpment of new products.
To begn with, purchasing products from one's country would promote the economic growth of the country.To illustrate that, if people in a nation refuse to buy mainstream goods and from their country and favor imported commoditie insterad, both firms manufacturing the completed goods and the subcontract
ors manufacturing specialized parts and components will suffer.For instance, almost 100 years ago, Japan exported its commodites without a tariff and Koreans prefered to buy Japanese commodites .As a result, a Koreans industry was devastated and Korea became the colony of Japan because its whole industry as well as trading corporations suffered the hardship from economic difficulties . This proves how important the domestic industry to maintain to keep an economic power .
On top of that, companies are motivated to develop and improve their products when customers purchae them. In other words, they have a responsibility to meet shopprs' expectations. For example, Gandi of India in 1930s appealed to its people that Indians had to buy the domestic products from their own country even though the price was higher than that of British commodities manufactured overseas . The consequence was that the Indian industry began to be stimulated to produce better products as a way of attracting business although this started as handmade industry such as spinning wheels.This means that such a practice will not only bring in higher profits but also inspire companies to raise the standard of their goods, resulting in a synergisitic effect.
It is true that one of the notions of a democratic market is that consumers should have the freedom to decide what they want to pay for . However, if most people prefered imported products of better quality nd a lower price, it would result in a nation relying only on impoting goods . For the reasons of economic growth and improved product development, I agree with the statement that people should buy poducts from their own country first despite a higher price.
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