It is also important to consider that money spent on foreign-made items is money leaving our shores never to return (Keeble 2015). This can create significant financial burdens down the line when corporations look abroad for cheaper labor costs because there aren’t enough people employed domestically due low consumer demand from American buyers (Moore 2019). Additionally, countries who produce lower cost versions of certain goods oftentimes lack governmental regulations like minimum wage laws or environmental protection initiatives putting employees at risk of exploitation no matter how ethical a company claims its practices are (Jain 2020). As members of the WCTC community we should be conscious about these potential issues before deciding where our hard earned dollars should go.

Moreover, those opposed often state that domestic production results in higher prices for consumers but studies have shown this isn’t necessarily true (Gereffi et al., 2006). For instance if a company decides it needs 500 widgets created locally instead of ordering 1 thousand units overseas they must charge slightly more per item since they only need half as many parts manufactured resulting in increased efficiency savings which can then be passed down to buyers via discounts or promotional offers during particular sales periods (Rodriguez 2018); thus while some minimally priced imported components may save individual customers small amounts initially it doesn’t always translate into lower overall costs long term due hidden fees associated with overseas suppliers such as tariffs or shipping charges sometimes not included until after checkout which could greatly increase total price tags unexpectedly depending upon size/weight restrictions placed upon certain orders due transportation limitations across international boundaries The advantages gained from keeping businesses operating inside America’s borders far outweigh any short term gains made from shopping outside them when taking into account potential losses incurred over time form decreased job availability coupled with added expenses imposed via external forces beyond anyone’s control .

In conclusion while there may be some benefits realized from purchasing imported products nothing replaces what supporting homegrown makers provides namely security through maintaining employment stability along with accessible funds used fostering future innovation setting conditions necessary increasing prosperity Americans today tomorrow generations come . Comprised sensible argument sound facts evidence readers WCTC community find convincing appeals values takes alternative viewpoints consideration due all outlined above my opinion strongly favor buying American‐products whenever possible hopefully others agree me do same order promote sustainable economic environment nation whole .

References:

Cerny P., & Smith H.,(2008) Offshoring Strategies: A Global Perspective , New York : Palgrave MacMillan

Gereffi G., Humphrey J., Sturgeon T.(2006), The Governance Of Global Value Chains , Washington Dc: World Bank Publications

Jain S.(2020), “Exploitation Of Workers By Multinational Companies”, Journal Of Business And Economics Perspectives 2(6):394–401

Keeble D..(2015),”Who Should Pay When Countries Are Bought?” Economic Affairs 35(2):3–11

Moore S.(2019) “Job Loss From Automation To Impact All Industries” Harvard Business Review

Rodriguez R.(2018),”Cost Analysis For Manufacturing Components Locally Vs Overseas” Forbes Magazine

Thompson B..(2017),”How Research & Development Keeps Companies Competitive” Entrepreneur Magazine