The US-China trade dispute : facts, figures and myths / Imad Moosa.

Format:

Book

Author/Creator:

Moosa, Imad.

Language:

English

Subjects (All):

United States--Commerce--China.

United States.

China--Commerce--United States.

China.

Physical Description:

1 online resource (320 p.)

Place of Publication:

Cheltenham, U.K. ; Northampton, Mass. : Edward Elgar, c2012.

Language Note:

English

Summary:

Dealing with a topic that has attracted significant media attention, this highly accessible book provides a detailed analysis of the trade dispute between China and the US. While the Americans accuse China of damaging their economy, the Chinese claim their policies are legitimate and that the US has no right to dictate how the Chinese economy should be run. Imad Moosa addresses contentious 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 (hence revaluation being a justifiable

Contents:

Cover; Copyright; Contents; Abbreviations; Preface; 1. An overview; 2. The international monetary system; 3. International trading and financial relations; 4. Exchange rate misalignment; 5. The cause and cure: simple numerical illustrations; 6. The effect of exchange rate adjustment on the trade balance; 7. Why revaluation of the yuan will not work; 8. The morality and legality of Chinese policies; 9. The US trade deficit as an American problem: leveraged over-indulgence; 10. The US trade deficit as an American problem: saving and economic structure; 11. Concluding thoughts; References; Index

Notes:

Description based upon print version of record.

Includes bibliographical references and index.

ISBN:

1-283-52265-9

1-78100-155-3

OCLC:

794664093