Causes and Effects of Importing Materials for Automotive Manufacturer from Foreign Manufacturer



Causes And Effects Of Importing Materials For Automotive Manufacturer From Foreign Manufacturer

Introduction

The thesis statement of this term paper is “the causes and effects of importing materials for automotive manufacturer from foreign manufacture”. The aim of the study is to find out the causes and effects of importing materials for automotive manufacturer from foreign manufacturer. The causes of importing, and the effect of the importing on the economy and the people are also discussed in this paper. The automotive industry of United States of America is very significant and the industry is emerging and helps the economy to boost. The automotive companies in US importing different parts from the foreign manufacturers and sell them at the low prices in the state. But there are numerous effects of importing on the people and the economy of the country (Thompson 2010).

Discussion

In present, no country is autonomous without torment a high cost. The United States of America and other countries are importing some of the goods and services from foreigner manufacturers. There are number of reasons and effects of importing the goods and services (especially automotive products) from the manufacturers outside the countries. The United States of America is importing the automotive products and parts especially from the China. The main cause of importing these parts from the china is that these parts are significant for the economic welfare and exceedingly striking to the consumers but not significantly accessible in United States of America. The second leading cause of importing the parts from the foreign countries is to satisfy the desires and needs of the consumers by importing the inexpensive products and however sell at the possible lower prices in the country. The consumption of the auto parts is unswervingly associates to the ...