Economic Report: Terms of Trade Dynamics Between China and USA

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Added on  2022/09/09

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This report delves into the terms of trade dynamics between China and the United States, drawing upon a range of academic sources to provide a comprehensive analysis. The report examines the concept of terms of trade, considering factors such as globalization, economic shocks, and the impact of trade policies. It explores the historical and current trade relationships between the two nations, analyzing key economic indicators and the effects of tariffs and trade sanctions. The report also considers the broader implications of these trade dynamics on the global economy, including discussions on currency manipulation, resource competition, and the impact on employment. By synthesizing various perspectives, the report offers insights into the complex economic interplay between China and the USA, providing a valuable resource for understanding their trade relations and the forces shaping the global economic landscape.
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Part One
Terms of trade: China and USA
1. Eriksen, T.H., 2018. Globalization. In Handbook of Political Anthropology. Edward
Elgar Publishing.
2. SchmittGrohé, S. and Uribe, M., 2018. How Important are TermsOfTrade
Shocks?. International Economic Review, 59(1), pp.85-111.
3. Kulish, M. and Rees, D.M., 2017. Unprecedented changes in the terms of trade. Journal
of International Economics, 108, pp.351-367.
4. Chowdhury, A., 2015. Terms of trade shocks and private savings in the developing
countries. Journal of Comparative Economics, 43(4), pp.1122-1134.
5. FocusEconomics (2019). The World's Largest Economies (2019-2023). [online]
Available at: https://www.focus-economics.com/blog/the-largest-economies-in-the-world
6. Ollman, B., Schweickart, D., Ticktin, H. and Lawler, J., 2016. Market Socialism: The
Debate Among Socialist. Routledge.
Part Two
7. TheGlobalEconomy.com. (2019). China Terms of trade - data, chart | [online] Available
at: https://www.theglobaleconomy.com/china/Terms_of_trade
8. TheGlobalEconomy.com. (2019). USA Terms of trade - data, chart | [online] Available
at: https://www.theglobaleconomy.com/USA/Terms_of_trade
9. Womack, B., 2017. International Crises and China's Rise: Comparing the 2008 Global
Financial Crisis and the 2017 Global Political Crisis. The Chinese Journal of
International Politics, 10(4), pp.383-401.
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10. Rosyadi, S.A. and Widodo, T., 2018. Impact of Donald Trump’s tariff increase against
Chinese imports on global economy: Global Trade Analysis Project (GTAP)
model. Journal of Chinese Economic and Business Studies, 16(2), pp.125-145.
11. Tradingeconomics.com. (2019). China Terms of Trade | 2019 | Data | Chart | Calendar |
Forecast | News. [online] Available at: https://tradingeconomics.com/china/terms-of-
trade
12. Tradingeconomics.com. (2019). USA Terms of Trade | 2019 | Data | Chart | Calendar |
Forecast | News. [online] Available at: https://tradingeconomics.com/USA/terms-of-trade
13. Engel, J., 2018. Regulation, financialization and fraud in Chinese commodity markets
after the Global Financial Crisis. Regional Studies, pp.1-10.
Part Three
14. Chow, D.C., 2017. Can the United States impose trade sanctions on china for currency
manipulation. Wash. U. Global Stud. L. Rev., 16, p.295.
15. Gulley, A.L., Nassar, N.T. and Xun, S., 2018. China, the United States, and competition
for resources that enable emerging technologies. Proceedings of the National Academy of
Sciences, 115(16), pp.4111-4115.
16. Feenstra, R.C., Ma, H. and Xu, Y., 2019. Us exports and employment. Journal of
International Economics.
17. Liu, W. and Dunford, M., 2016. Inclusive globalization: Unpacking China's belt and road
initiative. Area Development and Policy, 1(3), pp.323-340.
Part Four
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1. Chowdhury, A., 2015. Terms of trade shocks and private savings in the developing
countries. Journal of Comparative Economics, 43(4), pp.1122-1134.
2. Rosyadi, S.A. and Widodo, T., 2018. Impact of Donald Trump’s tariff increase against
Chinese imports on global economy: Global Trade Analysis Project (GTAP)
model. Journal of Chinese Economic and Business Studies, 16(2), pp.125-145.
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