The purpose of this assignment is to understand the terms import and export, and then explain the advantages or disadvantages of buying imports rather than buying domestic products. You could, for instance, write about an imported automobile, stereo, or household appliance that you bought or considered buying. Include all of the following points in your discussion.
- If you were a retailer, would you want to sell domestically made goods or imported items? Please explain why you made this choice.
- If you wanted to sell a good or service to customers in other countries, what sorts of items do you think you could export?
- In your opinion, should the United States’ Federal Government support companies that want to enter export markets? Please explain.