As the worldwide market rises, A lot of products including the ones used every day are bought in other nations and are conveyed from a far distance. This essay is in agreement that the benefit of this trend outweighs its drawback. Hence, availability of a variety of product and lack of patronage of local goods will be discussed as its merit and demerit respectively.
Diverse type of goods is made available in stock making community members to have options. Inter country trade increases the quantity and the variety of products being sold. A Nation does not have the ability of providing all the commodities needed by its inhabitant, this may be due to climate and environmental differences. It is essential to allow imported goods. This will avail the natives opportunity to explore other international products which are not produced in their own country. For example, Fruits like strawberry, apple, berries and most canned foods are not made in Nigeria. Therefore, buying from other nations where it is produced makes it accessible to everyone who has the need for them.
Buying products from other countries will inhibit patronage of local stocks. Native manufacturers suffer the effect of foreign patronage, as the availability of foreign product causes reduction in the sale of
Local staple goods. Thereby, increasing the amount of wastage if they are not purchased. Since human will always want a change, it is obvious that they will prefer new product than the ones familiar to them. For instance, Farmers who manufactures Nigerian rice, alarmed that the market became unfavourable because Nigerians are now depending on the imported rice neglecting their own. Which in turns, causes a significant drop in the profit made by farmers.
In conclusion, it is evident that inter country trade enhances the quality of life of its members. As various types of goods are sold affording them the opportunity to eat healthy. Although, it has a negative effect on the local trade, its advantages are more than its disadvantages. Thus, it is recommended that inter nation trade should be encouraged.
As the worldwide market rises,
A lot of
products
including the
ones
used
every day are
bought
in
other
nations
and
are conveyed
from a far distance. This essay is in agreement that the benefit of this trend outweighs its drawback.
Hence
, availability of a variety of
product
and lack of patronage of local
goods
will
be discussed
as its merit and demerit
respectively
.
Diverse type of
goods
is made
available in stock making community members to have options. Inter
country
trade
increases the quantity and the variety of
products
being sold
. A
Nation
does not have the ability of providing all the commodities needed by its inhabitant, this may be due to climate and environmental differences. It is essential to
allow
imported
goods
. This will avail the natives opportunity to explore
other
international
products
which are not produced in their
own
country
.
For example
, Fruits like strawberry, apple, berries and most canned foods are not made in Nigeria.
Therefore
, buying from
other
nations
where it
is produced
makes
it accessible to everyone who has the need for them.
Buying
products
from
other
countries
will inhibit patronage of local stocks. Native manufacturers suffer the effect of foreign patronage, as the availability of foreign
product
causes reduction in the sale
of
Local staple
goods
. Thereby, increasing the amount of wastage if they are not
purchased
. Since human will always want a
change
, it is obvious that they will prefer new
product
than the
ones
familiar to them.
For instance
, Farmers who
manufactures
Nigerian rice, alarmed that the market became
unfavourable
because
Nigerians are
now
depending on the imported rice neglecting their
own
. Which in turns, causes a significant drop in the profit made by farmers.
In conclusion
, it is evident that inter
country
trade
enhances the quality of life of its members.
As
various types of
goods
are sold
affording them the opportunity to eat healthy. Although, it has a
negative
effect on the local
trade
, its advantages are more than its disadvantages.
Thus
, it
is recommended
that inter
nation
trade
should
be encouraged
.