Book US-China trade dispute : facts, figures and myths / Imad Moosa.
Publication year: c2012.
Call Number HF3128 .M66 2012
Media class: Book
Publisher: Cheltenham, UK ;Northampton, MA : Edward Elgar
ISBN: 1781001545 9781781001547
Extent: x, 305 p. : ill. ; 24 cm.
This highly accessible book provides a detailed analysis of the trade dispute between China and the US. It covers issues including: whether the Chinese currency is undervalued; whether the undervaluation of the yuan, should it exist, is the cause of the US trade deficit with China; and whether Chinese economic policies are immoral and illegal according to IMF and WTO rules.
An overview -- The international monetary system -- International trading and financial relations -- Exchange rate misalignment -- The cause and cure : simple numerical illustrations -- The effect of exchange rate adjustment on the trade balance -- Why revaluation of the yuan will not work -- The morality and legality of Chinese policies -- The US trade deficit as an American problem : leveraged over-indulgences -- The US trade deficit as an American problem : saving and economic structure -- Concluding thoughts.