International Trade and Finance Speech
ECO/372

Abstract
The enclosed paper is a speech written by myself under the assumption that I have been appointed Speaker of the House and I must deliver a speech about the current state of the United States macroeconomy to amateur reports who are not familiar with economics.

As many of you may know, the current state of the United States economy is recovering from a recession. Macroeconomic forces such as interest rates, exchange rates, trade deficits, inflation, and gross domestic products are factors that continue to influence a company’s bottom line and these factors can cause business to be more difficult. International trade and financing play an important role in the growth and continued success of our economy.
What happens when there is a surplus of imports brought into the U.S.? Cite a specific example of a product with an import surplus, and the impact that has on the US businesses and consumers involved. When we experience a surplus of imports brought into the United States, local businesses suffer. Sure consumers are happy about the surplus since the product prices will decrease, but this will cause an immediate need for our country to produce more exports to help compensate for the loss. The surplus of imported cars in 2012 exceeded exportation amounts by over $151 billion. Cars only carry a shelf life of one year since new models are released yearly. The surplus amounts of cars are sold at discounted rates which is something that helps consumers looking to buy.
What are the effects of international trade to GDP, domestic markets and university students? International trade is something that can compromise our imports and exports which ultimately affects our GDP. Since our imports exceeded our exports, the effect of