Would the imports of consumer goods into a given country be a good indicator of the size of the internal market for those products?
Would the imports of consumer goods into a given country be a good indicator of the size of the internal market for those products? Why or why not?
I believe that based on a countries imports of consumer goods you can have a good indication of the size of the internal market for that product. I believe this to be the case because when a country continuously imports a product it means that there is a continuous market. If there was not a market for a product a country would most likely stop importing the product. I believe that sometimes trends take time to notice, so there could be a margin of error, but normally I think that the two do correlate.