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Over the last three decades, the value of Chinese trade has approximately doubled every four years. This rapid growth has transformed the country from a negligible player in world trade to the world's second largest exporter, as well as a substantial importer of raw materials, intermediate...
Persistent link: https://www.econbiz.de/10012757882
Over the last three decades, the value of Chinese trade has approximately doubled every four years. This rapid growth has transformed the country from a negligible player in world trade to the world's second largest exporter, as well as a substantial importer of raw materials, intermediate...
Persistent link: https://www.econbiz.de/10012463931
In less than three decades, China has grown from playing a negligible role in international trade to being one of the … recipient and source of foreign investment. Not surprisingly, China's economic dynamism has generated considerable attention and … concern in the United States and beyond. While some analysts have warned of the potential pitfalls of China's rise—the loss of …
Persistent link: https://www.econbiz.de/10012674526
In less than three decades, China has grown from playing a negligible role in international trade to being one of the … recipient and source of foreign investment. Not surprisingly, China's economic dynamism has generated considerable attention and … concern in the United States and beyond. While some analysts have warned of the potential pitfalls of China's rise—the loss of …
Persistent link: https://www.econbiz.de/10014487914
Persistent link: https://www.econbiz.de/10003923575
Persistent link: https://www.econbiz.de/10003947983
Since the early 1980s, the U.S. economy has experienced a growing wage differential: high-skilled workers have claimed an increasing share of available income, while low-skilled workers have seen an absolute decline in real wages. How and why this disparity has arisen is a matter of ongoing...
Persistent link: https://www.econbiz.de/10012675804
Three sources of gains from trade under monopolistic competition are: (i) new import varieties available to consumers; (ii) enhanced efficiency as more productive firms begin exporting and less productive firms exit; (iii) reduced markups charged by firms due to import competition. The first...
Persistent link: https://www.econbiz.de/10012463056
Three sources of gains from trade under monopolistic competition are: (i) new import varieties available to consumers; (ii) enhanced efficiency as more productive firms begin exporting and less productive firms exit; (iii) reduced markups charged by firms due to import competition. The first...
Persistent link: https://www.econbiz.de/10013149703
We examine how exchange rate volatility affects exporter's pricing decisions in the presence of optimal forward …. Our theory implies a connection between the estimated risk premium equation, and the influence of exchange rate volatility …
Persistent link: https://www.econbiz.de/10012475370