[d] Assess the importance to a business such as IIISpring of having highly-skilled and motivated craftsmen. {1 2] Indicative content Knowledge 2, Application 2, Analysis 4, Evaluation 4 Access to more emerging markets with income elastic demand. Lower costs of accessing these markets. Access to cheaper raw materials. Removal of any trade barriers/restrictions. Potential counterbalance Increased competition. Demand in the market may become more price elastic. . Importance of a low unit cost becomes more important