Why the Pace of Imports May Matter. If it rains very hard during a major storm, the drains in the streets may not be able to handle all the water and flooding will temporarily occur. Use this analogy...

Why the Pace of Imports May Matter. If it rains very hard during a major storm, the drains in the streets may not be able to handle all the water and flooding will temporarily occur. Use this analogy to explain why the pace of imports into a community may be important in the short run for economic adjustment. (Related to Application 2 on page 401.)