There has recently been an increase in the sales of foreign food produce compared to locally grown items by grocery stores. This discourse will expatiate on the probable reasons for this and establish why my stance that it is a negative development.
To begin with, the causative factors for the rise in the sales of imported food are not far-fetched. First, an increased food supply will boost the economic status of a country. This is because most nations thrive on the benefits accrued from foreign exchange systems. For instance, Nigeria and the US have established agreement on the exchange of processed vegetables and dairy products for cocoa and herbal products. Secondly, there is also an increased demand on foreign food products. Most individuals opt for international grocery items due to unavailability of these as they can not be cultivated locally due to climatic conditions. For instance, many homes in Nigeria use basmati or Thai rice instead of rice indigenously produced.
However, in my opinion, this recent trend is a negative development. This is because the heavy tax duties on imported goods are usually exaggerated and are sometimes an avenue for corrupt activities by immigration and border control officials. A classical example is seen in the trading activities at the border between Nigeria and Benin republic where exorbitant taxing fees are placed on the importation of poultry into Nigeria. Next, this leads to a net decrease production of home-grown produce as less demand is placed on the agricultural sector. Consequently, the nation is highly dependent on the international market to feed her citizens.
In conclusion, economic stability and food security are plausible reasons for the increased merchandise of foreign foods than local options, However, this trend is a negative development due to heavy importation taxes and a fall in the performance of the agricultural sector of a country.
There has recently been an increase in the sales of
foreign
food
produce compared to
locally
grown items by grocery stores. This discourse will expatiate on the probable reasons for this and establish why my stance that it is a
negative
development.
To
begin
with, the causative factors for the rise in the sales of imported
food
are not far-fetched.
First
, an increased
food
supply will boost the economic status of a country. This is
because
most nations thrive on the benefits accrued from
foreign
exchange systems.
For instance
, Nigeria and the US have established agreement on the exchange of processed vegetables and dairy products for cocoa and herbal products.
Secondly
, there is
also
an increased demand on
foreign
food
products. Most individuals opt for international grocery items due to unavailability of these as they can not
be cultivated
locally
due to climatic conditions.
For instance
,
many
homes in Nigeria
use
basmati
or Thai rice
instead
of rice
indigenously
produced.
However
, in my opinion, this recent trend is a
negative
development. This is
because
the heavy tax duties on imported
goods
are
usually
exaggerated and are
sometimes
an avenue for corrupt activities by immigration and border control officials. A classical example is
seen
in the trading activities at the border between Nigeria and Benin republic where exorbitant taxing fees
are placed
on the importation of poultry into Nigeria.
Next
, this leads to a net decrease production of home-grown produce as less demand
is placed
on the agricultural sector.
Consequently
, the nation is
highly
dependent on the international market to feed her citizens.
In conclusion
, economic stability and
food
security are plausible reasons for the increased merchandise of
foreign
foods
than local options,
However
, this trend is a
negative
development due to heavy importation taxes and a fall in the performance of the agricultural sector of a country.