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An Italian Clothing Company (Importer)
An Italian clothing company imports goods into the United States. The way the business works can change in the U.S due to some factors. One of those factors is the bad economy. Since they are not making much money, the rise of taxes and interest rate will cause business to pay more money. When there is a surplus in the U.S. it brings a positive impact to the business and to the citizens. This means that they will have extra money to spend. This will create opportunity for people to go out and buy things to help create revenue to the businesses, because they have extra money to spend. When the U.S. is in a debt, it is because the government spend more money then what they have. This will create the citizens to have less money to spend, because there is an increase in price to compensate for the debt. This will ultimately make it harder for a business to make money due to rising prices. Importing goods it cost extra money to ship everything all over the world and if the U.S. market starts to drop then, the business will not make the money that it need.
Gross Domestic Product (GDP)
GDP stands for Gross Domestic Product. There are many factors that impact the GDP; out of all the factors the biggest one is unemployment. A different factor that impacts the GDP is people that are getting paid cash and not reporting it to the IRS. The overall GDP in the world will always vary because there is so many different things out there that go on without people knowing and this is part of what affects the GDP. Until everything is back on track with the economy no one knows when we will be able to trust what the GDP…...

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