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Books > Business & Economics > Business & management > International business
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Tariff Structure, Intermediate Goods, and China-U.S. Trade Friction (Paperback)
Loot Price: R1,238
Discovery Miles 12 380
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Tariff Structure, Intermediate Goods, and China-U.S. Trade Friction (Paperback)
Series: China Perspectives
Expected to ship within 12 - 17 working days
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Focusing on the interconnection of tariff structure, international
trade and welfare evaluation, the book investigates the
characteristics of tariff structures of China and the U.S. in
recent years and measures the impact of the Sino-U.S. trade
friction that started in 2018. The first part of the book discusses
levels and evolution trends of tariff systems of China and the U.S.
from 2000 to 2014 and makes a comparison between the two countries'
tariff structures. The second part centers on the Sino-U.S. trade
friction in 2018, analyzing its development, overall impact on
welfare, and relevant impact mechanisms. The author draws on the
quantitative analysis method currently prevailing in the field of
international trade, taking global value chains, intermediate
goods, and variable markup into consideration. In contrast to the
research conclusion applying standard trade theory, the result
indicates that either unilateral imposition of additional tariffs
or bilateral tariff friction will give rise to the deteriorated
welfare level of both countries. The book will appeal to academics
and policy makers interested in international trade, China-U.S.
relation and the trade friction.
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