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It only gives strong competition to the Local / national producers and many a time those could not stand against the International brands.They are forced to improve and standardized their products vis-a-vis to International quality.
Prices are the determining factor, which makes a poor more poorer and the rich more richer. It creates economic imbalance in the society in a big way in developing economies where the factors of production are controlled by a few. The main stream of the poor population are gradually thrown out of the system without any access to wealth and the basic needs of subsistence.