Buying domestic products in relation to the fashion industry


Question: Discuss advantages or disadvantages of buying imports versus buying domestic products in relation to the fashion industry. (you do not have to choose the fashion industry)

1. First, list the definitions of import and export, and give examples of a chosen company and product for 1 import and 1 export item.

2. Advocate either buying imports or buying domestically for retailing the item.

3. Describe in detail 2 arguments to defend your point of view.

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Macroeconomics: Buying domestic products in relation to the fashion industry
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