Bagaria, Nidhi - In: Foreign trade review : FTR ; quarterly journal of … 57 (2022) 3, pp. 261-282
In recent years, trade in intermediate goods has increased manifold with the emergence of global value chains (GVCs). China has emerged as one of the leading countries in the whole GVC network; many countries, including the USA, are heavily dependent on China for the intermediates in the...