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Assume that you been appointed as speech writer for the Speaker of
the House. Write a speech to deliver about the current state of the U.S. macroeconomy to a number of amateur reporters who are unfamiliar with economics.

Prepare 200 -300 words with terms and concepts that focus on international
trade and foreign exchange rates.

Integrate a summary of your answers to the following questions:

.       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 U.S. businesses and consumers involved. (use online

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