People in the soon future will face how the improvement of technology impacts the economy in developed and developing countries and how import and export impacts the economy in the next decade and next fifty years?. How will technological devices be replaced instead of luxury products?. For instance, Apple Watch and some similar products will impact disappearing luxury watches from the market, which are a good source of income for Switzerland, or the luxury goods are changed to be involved in technology.
Import & Export
Technological Devices Vs. Luxury goods