International Trade Introduction Is International Trade an important part of our trade practices in the United States? The rapid increase of exports over imports is what is raising the trade deficit to record highs. The trade deficit is in excess of one billion dollars and not forecasted to drop anytime soon. The increase of the trade deficit is affecting the price of the dollar. International Trade is more important in daily operations then people give …
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showed last 75 words of 724 total
…produce weapons in Germany and literally steal business from dozens of domestic companies. The prices of their weapons are relatively high; however, the price is well worth the satisfaction of the product. This type of trade is an example of products being imported into the United States when we already have plenty of resources already here. This creates a surplus of domestic products, and they subsequently are exported at a lower rate to other countries.