Question

What are the pros and cons of buying foreign products?

Answer 1

Pros of buying foreign products are that consumers experience global product quality standards. Products that are rare in domestic market are accessible from global markets. It increases awareness about the type of products available in other foreign markets. The foreign products can be inexpensive based on their level of technology and quality standards compared to domestic products.

Cons of buying foreign products are that they may be expensive due to levying of import duties and tariffs. There may be lack of service outlets and repair of the foreign products as parts may not be easily available. The products maybe difficult to use as they may have instructions written in another language.