International Trade and Finance Speech
Christopher Allen Lamerson
ECO/372
May 6, 2013
Blake Bennett
International Trade and Finance Speech
When the country exports product to the United States, and the state received a surplus on imports, it means the country that exported the product has a favorable trade balance, or a surplus. When there is a surplus in products, it signifies a price drop, even if the country is selling at a loss. The reason this happens is due to buyers already paying…
Words 815 - Pages 4