‘Half of all groceries purchased in a family’s weekly shop are imported.’ (Irish Independent, June 2012) (i) State one example of a visible import to Ireland - Leaving Cert Economics - Question 7 - 2013

1. More Choice for Consumers: Imported goods allow consumers to access a broader selection of products including various brands and types that may not be produced locally. This enhances consumer satisfaction and competition.

2. Raw Materials Unavailable in Ireland: Some essential raw materials, which are critical for production within Ireland, must be imported. For example, certain fruits such as oranges cannot be grown locally, thus necessitating their import.

1. Protect Domestic Employment: The government may wish to limit imports to support local industries and jobs. By restricting imports, they can help domestic companies compete effectively and maintain local employment levels.

2. Prevent Dumping: By imposing restrictions, the government can protect local industries from foreign companies that may sell goods at artificially low prices. This helps to maintain fair competition within the market.

1. Price / Availability of Accommodation: Tourists will likely consider the availability and affordability of hotels and other lodging options when planning their visit. Price comparative to competing destinations could influence their decision.

2. Quality of Services: The level of services provided, including hospitality and amenities, will attract tourists seeking a positive experience during their stay in Ireland.

1. Increased Employment: More tourists lead to a growth in the hospitality sector, creating jobs in hotels, restaurants, and services. Increased employment reduces unemployment rates and contributes to economic stability.

2. Benefits from Foreign Revenue: Higher tourist numbers generate significant revenue for the local economy through spending on services and goods, enhancing the overall economic landscape.

The initials MNC stand for Multi National Company or Corporation.

One other example of an Irish MNC is Ryanair.

1. Employment Creation: Irish MNCs, like Kerry Group, create jobs directly by hiring local staff, thus reducing unemployment and supporting the local labor market.

2. Taxation Revenue Increase: With the increase in employment, more individuals contribute to taxation through income tax, which significantly benefits government revenue and public services.