Q&A: If a foreign product has a competitive advantage over an American one, are we obligated to buy American?
Question by Heathen: If a foreign product has a competitive advantage over an American one, are we obligated to buy American?
To what extent should the American consumer go out of his/her way to buy an “inferior” product?
I mean inferior only in the sense that according to the consumer, the foreign product better meets the consumers’ needs. Some people might say that Hollywood movies are inferior to European art movies, but the consumer says that the US makes great movies.
Dollar Tree thrives because Americans want to buy cheap crap instead of well made stuff (or stuff that will do the job just as well as expensive stuff).
Should we buy clothes made in the US instead of India; US cars instead of fuel-efficient Japanese ones?
Economics says that we’re better off (for the most part) letting people concentrate on their strengths; products are made cheaper and better.
Does the US have to be the best at all manufacturing?
Are you willing to buy only American, even if it’s not the best?
Best answer:
Answer by Petey V3.3
I go for quality/price ratio..
a product is not automatically better quality just because it was made in America…
Know better? Leave your own answer in the comments!
