Outline of Research
- Outline of Research
Introduction: introduces the current economic global crisis and the role of USA China trade war on this condition.
US-China Trade War: explores the role of the trade war on the economy under the following subheadings:
· Impacts of the Trade War
· Impacts of the Trade War on the US
· Impacts of the Trade War on China
· Impacts of the Trade War on Southeast Asia
· Impacts of the Trade War on Europe
Suggestions for Future Studies: recommends the realms that should be explored further.
Conclusion: summarizes the findings of the analysis.
- Intended Direction Argument or Research Question
This paper shows that the current trade war between china and the USA has had severe impacts on the global economy. Specifically, it proves the effect of the trade war on china s economy, the U.S economy other countries such as the UK and the entire global economy.
- Scholarly Resources
Calì, M. (2018). The impact of the US-China trade war on East Asia. VoxEU. org, 16.
Chang, S. U. N., Zhigang, T. A. O., Hongjie, Y. U. A. N., & Hongyong, Z. H. A. N. G. (2019). The Impact of the US-China Trade War on Japanese Multinational Corporations (No. 19050).
Lai, E. L. C. (2019). The US-China trade war, the American public opinions and its effects on China. Economic and Political Studies, 7(2), 169-184.
Li, C., He, C., & Lin, C. (2018). Economic Impacts of the Possible China-US Trade War. Emerging Markets Finance and Trade, 54(7), 1557-1577.
Liu, T., & Woo, W. T. (2018). Understanding the US-China trade war. China Economic Journal, 11(3), 319-340.
- Annotated Bibliography of Two Scholarly Resources.
Liu, T., & Woo, W. T. (2018). Understanding the US-China trade war. China Economic Journal, 11(3), 319-340.
This source postulates that several major concerns caused the U.S. to wage a trade war, including (a) the concern that China’s increasingly trade deficit was undermining job creation in the U.S. (b) the increasing concern that China had used illicit or deceptive tactics to procure U.S. technologies at an unfairly lower price; and (c) suspicion that China was seeking to undermine U.S. foreign relations as well as its standing in the world. Its relevance to the discussion stems from the fact that the source analyses the role of the controversy over China’s currency value and trade deficit. the first assumption is that this was characterized by theoretical uncertainty over the definition of the characteristics of the global currency balance the source also evaluates the assumption is that using market dominance by China will only last until the other wealthy countries can mobilize and respond as a collective..
Li, C., He, C., & Lin, C. (2018). Economic Impacts of the Possible China-US Trade War. Emerging Markets Finance and Trade, 54(7), 1557-1577.
This article uses a multi-country global general equilibrium (GE) model to predict numerically the consequences of future China-US trade wars. The researchers incorporated an aggregate trade imbalance system of transaction costs into a framework that aims to analyze both tariff and non-tariff trade war impacts. The analysis showed that China will be severely damaged by the war with china between China and the United States, but adverse effects remain manageable. On the other hand, the US can benefit from China from unilateral sanctions, but this will fail when China takes retaliatory action.
- Abstract
This project focusses on the impact of the US-China Trade War on China, the U.S., Southeast Asia, and Europe — with special focus on winners and losers from the trade war. Recent trade trends show that not everything is all rosy in the global economy. There are various specific factors investigated through research to try and find out exactly what the economy is facing that has led to the current crisis. Some of the factors include the conflict between and amongst the world’s biggest economies. The recent one and the most influential of conflicts is the trade war between China and the U.S. This trade war has led to unforeseen repercussions not just in relation to the U.S. and China but to other countries around the world. Specifically, most of the impact has been directly felt in Europe and Southeast Asia. As such, it is essential that research is conducted to assess the U.S.-China trade war and its varied consequences around the world.
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Outline of Research was first posted on October 20, 2019 at 8:52 pm.
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