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Question 1 (5 marks) Maximum word count:
100 words 1.1 Suppose you live in South
Africa and have the option to buy proudly
South African products or international
brands. With reference to the circular flow
of goods and services and the circular flow
of income and spending between
households, firms, government and the
foreign sector, provide an explanation as to
why it is better to purchase the proudly
South African products and also explain the
opportunity costs of buying international
items instead of those produced locally. (5
marks)