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Summary Of The Fake Trade By Dana Thomas

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Summary Of The Fake Trade By Dana Thomas
In the essay, “The Fake Trade,” Dana Thomas makes a direct statement, “Most important, we need to spread the word on the devastating effects counterfeiting has on society today.” She also goes on to say, “But the reality is that we’re all victims of counterfeiting, whether from the loss of jobs or of tax revenue that could fund our schools and our roads…” Since this is her belief her purpose is to inform readers about counterfeit goods. She gives many statistics on how bad counterfeiting goods can be. “Since 1982, the global trade in counterfeit and pirated goods has grown from an estimated $5.5 billion to approximately $600 billion annually.” She continues to give a few examples of counterfeit goods. “The Food and Drug Administration has

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