Is there any justification for companies to profit by creating counterfeit products that create local jobs and provide consumers with access to products they typically would not be able to buy? Support your answer.

Fake products make up 5 to 7 percent of world trade and include everything from counterfeit electronics, medications, pirated DVDs, and computer software to toys, cosmetics, and household products. Counterfeit name-brand apparel and sportswear, shoes, and accessories are exceptionally common. According to the Global Brand Counterfeiting Report, 2018, the total amount of global counterfeiting has reached $1.2 trillion U.S. annually. Luxury brands such as Louis Vuitton, Chanel, Manolo Blahnik, and Christian Louboutin have seen an upsurge in trademark violations and fraudulent products hitting the market.