Question

You have to write your own opinion and comment about trade battle between US and china

You have to write your own opinion and comment about trade battle between US and china
Business   Economics   
0 0
Add a commentTranscribed image text
Next >

Homework Answers

Answer #1

US and China are among the big economies of the world . Hence the trade battle between them can escalate to the point of a full blown trade war and can bring a new trade order in the world . These two big economies are threatening to levy huge tariffs against one another . The reson behind this trade war to stop theft of intellectual property by China from US . Such protectionism measures are taken to protect the US domestic market from Chinese goods and also the US labor market .

Such a trade battle will be detrimental to the balance of payments of every country associated . Tariffs are responsible for growing prices of goods . Also the international labour market will face a setback . Restriction of trade and malpractises carried on taking advantage of free trade , both should be stopped by measures taken by WTO .

0 0
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Will the impact of changes in the balance of trade between the US and China be...
Will the impact of changes in the balance of trade between the US and China be enough to impact US Treasury bond yields, and therefore have a negative impact on U.S. fiscal policy? Explain.
Problem 1. China-US Trade War What was the origin of China-US Trade War? How did it...
Problem 1. China-US Trade War What was the origin of China-US Trade War? How did it escalate? Who are the winners and losers (countries, individuals, firms, farmers, etc.)? Problem 2. China-US Trade Deficit It has been controversial whether running trade deficit against China is good/bad for the US economy. What are the arguments on both sides and which part do you agree? Problem 3. Covid-19, International Trade and Economy What is the impact of covid-19 on international trade, global supply...
Much ado has been made about the trade relationship between the United States and China. The...
Much ado has been made about the trade relationship between the United States and China. The US has a very large trade deficit in goods and services with China. a)Do you believe the U.S. benefits as a result of its trade relationship with China? Or do you think the U.S. loses out? b)If the U.S. has a large overall trade deficit in goods and services (composed in large part of its deficit in goods and services to China), what else...
Write an informative essay of 500 words about USA and China Trade War.
Write an informative essay of 500 words about USA and China Trade War.
Explain about political economy view related current economic condition such as china and us trade conflict?
Explain about political economy view related current economic condition such as china and us trade conflict?
This paper is about U.S. Trade issues State your opinion of the administration's stance of using...
This paper is about U.S. Trade issues State your opinion of the administration's stance of using the threat of tariffs to negotiate a "fair" trade environment for the United States. What do you believe should be the long term trade environment with regards to tariffs? Is there a difference between the short term goals and the long term goals? Use outside resources to support your opinion.
We look at two countries, the US and China, that trade with each other. There are...
We look at two countries, the US and China, that trade with each other. There are two factors of production, namely high-skilled labor and low-skilled labor. The US is relatively abundant in high-skilled labor and China is relatively abundant in low-skilled labor. Trade between these two countries will A. benefit high-skilled labor in both countries. B. benefit low-skilled labor in both countries. C. benefit high-skilled labor in the US and low-skilled labor in China. D. benefit low-skilled labor in the...
Each year the US considers its trading status with China, and vice versa. The trade relationship...
Each year the US considers its trading status with China, and vice versa. The trade relationship between the two countries is now rather cold. A trade sanction imposed by one country is likely to involve some retaliatory measures by another. The Game below reflects the potential economic gains associated with a two-outcome game between the US and China. The following table contains the hypothetical dollar value of all trade flow benefits to the United States and China.
Essay: subject: Global political economy Trade war between China and US and its economic impact on...
Essay: subject: Global political economy Trade war between China and US and its economic impact on other (developed and developing) countries. 2000-2500 words.
The COVID-19 pandemic and the US-China trade tension have caused a significant decrease in China's demand...
The COVID-19 pandemic and the US-China trade tension have caused a significant decrease in China's demand for US exports. 1. Graphically show the likely short-run impact on US GDP and aggregate price level using the AD/AS model. Explain your prediction. HINT: Which curve in the AD/AS model would a change in US exports affect? [6 points = graph, 3 points explanation] 2. What is the anticipated result in US employment level? Explain [2 points] 3. What is the anticipated result...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT