In this economy, excessive imports can weaken the local economy of any nation, resulting in high unemployment and a trade deficit. They include adding to the problem of climate change and the overuse of chemical additives. If we don't need to produce our own food, then we can build more houses. Advantages of Exporting: One of the major advantages of export is the ownership advantage which is specific to the firms’ international experience, asset and ability of the exporter to either develop the differentiated product or low cost product with in the values chain (Hertner and Jones, 2007). While importing products can help businesses reduce costs, exporting products can ensure increasing sales and sales potential in general. Family farms produce enuf for the family plus a little to sell for a profit. Before January 2011, the U.S. Food and Drug Administration possessed limited authority to impose U.S. 3. While road freighting isn’t perfect, it’s still less polluting than air or sea shipping. There’s more wins for local food vs imported food. Advantages of Import Business * We can get some materials (which can’t be created by us) only in some elements of the globe. Importation of goods affects the ability of the local economy to produce the same goods for the purpose of providing them to the local market. We can choose between several products and find the one we like the most. The advantages and disadvantages of fast food must first look at the health impacts before any other concern because of how dangerous these meals can be over time. Decreased Nutritional Potential Growing food takes up a lot of space. Dis: Costs a lot of money to ship food (trucks and trains) Food spoils after it is picked or processed. 2. Advantages of Import Reduced Costs: If a foreign market has cheaper goods that the local market, it is better to import the goods and cut costs. The disadvantages of importing food don’t stop there. Posted by Melenco Team in Business Development, Business Strategies, Purchasing, Trading, Worldwide 28 Aug 2014. However, we are currently involuntarily losing land to grow our food. Food, energy and water: this is what the United Nations refers to as the ‘nexus’ of sustainable development. It also affects the ability of the local economy to produce the same goods for export. Basically, the “food miles” argument states that food grown locally is more environmentally friendly. Again remember, importing food gives people access to more choices. Imported food is generally mass produced meaning that it can be sold at a cheaper price. The advantages of all this food are plain to see. Consuming imported foods, we save money, our government saves money, we protect the environment and give jobs to many people from all around the world. New Zealand lamb, apples and onions imported to the UK) requires a lot of fossil fuels (and produces a lot of carbon emissions) to get it to the market. List of Advantages and Disadvantages of Growing Your Own Food: SL NO. A major disadvantage of importing food is its larger carbon footprint. The reason usually given for this is that imported food (e.g. Some foods are cheaper if you import them. Family farms produce enuf for the family plus a little to sell for a profit. Through import, you’ll get those materials very common. There are some advantages and disadvantages of international trade for both the export and import. Higher Quality: To manufacture high quality products, it's essential to have access to high quality materials, which may not be available locally. Energy efficiency is good for the environment as well. The disadvantages of importing food ispesticides and other germs on the food.transporting food long distances adds to its carbon footprint. We get a wider variety of food Much of the food consumed in the United States is imported, including an estimated 60 percent of fresh fruits and 80 percent of seafood, according to a March 2011 article in Scientific American. Ad: Importing gives you many new types of food to choose from. Some foods are cheaper if you import them. The advantages of imported food are also economical. Advantages and Disadvantages of Importing. More choices. * You can get the most effective quality product. Often times, importing goods and/or raw materials is one of the ways used to increase the profit margins. Varied plates piled high with exciting, tasty, nutritious ingredients. Dis: Costs a lot of money to ship food (trucks and trains) Food spoils after it is picked or processed. Businesses that focus on exporting expand their vision and markets regionally, internationally or even globally. Food, energy and water: this is what the United Nations refers to as the ‘nexus’ of sustainable development. Imported food is generally cheaper. Importing food from its native country may mean prices are more affordable as the supply is higher than growing it locally. Our country’s climate and land … But the disadvantages of importing food are also plentiful. Almost any other option is a better choice than fast food for your regular eating habits because of the high levels of fat, sugar, and salt found in most items. Ad: Importing gives you many new types of food to choose from.

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