What type of cost difference are we talking about? I am aware some countries you can import a finished good and pay not as much, import TAX wise compared with a far higher cost to import the components needed. There in is the crux I believe for many countries. The access to the components needed at a competitive price and that is without the production cost.
Though would you pay a bit more for something made locally? I would and certainly makes an appeal for many. Now if only there was a way for TAX to fix this and make local production competative and for me the only way is to impose some green TAX factoring in all that extra travel. Though many components are not made local, so that may even cost out cheaper to make abroad still.
But the feel of buying something made locally or at least in your own country/continent does have a monetary premium that many would accept.
Though would you pay a bit more for something made locally? I would and certainly makes an appeal for many. Now if only there was a way for TAX to fix this and make local production competative and for me the only way is to impose some green TAX factoring in all that extra travel. Though many components are not made local, so that may even cost out cheaper to make abroad still.
But the feel of buying something made locally or at least in your own country/continent does have a monetary premium that many would accept.