Question

In: Economics

I need a news article from may 11th - June 1st to explain the concept of...

I need a news article from may 11th - June 1st to explain the concept of spillovers and their impact on resources allocation, and the corrective actions needed.

Solutions

Expert Solution

The US Chin Trade war has seemingly positive spillover effects on India as it emerges as trade war winner as potential trade shifts from China to India and resources allocated gets completely optimised.

The biggest issue been surfaced is US China Trade War, Immigration Laws, US National Debt, Foreign Relations policy  

US and china have great history of trade wars however recent times has been largely due to sanctions been imposed on china by USA.

Recently, USA slpped tarrifs on 40% of chinese goods. which has caused prices of US goods to go up substantially becuase cheap imports fro china have been stopped.USA has also stopped cheap imports of steel and as a result Chinese government too has imposed substantial tarrifs on USA goods.

As a result, there has been currency devaluation in China to make it goods look more cheaper and attractive and has started selling Goods in emerging markets. US goods however have become more costlier and hence sales have decreased.

Chinese government has aggravated trade war by imposing fresh round of tarrifs , however before G20 summit which will be held in 2018, such issues will be resolved.

Since, China has imposed tarrifs we see there has been lack of entry of chinese workrs and visas in USA which has nullified the clear cut winner. Because of trade war, India has managed to export steel and aluminium to US markets and hence has been the greatest beneficiary.

Given the Presidential Power following economic strategies need best case implementation :

Resolution of NAFTA deal with negotiation as well as maintenance of great relationships with South Korea on denuclearization by maintaining an eye on all developments
US China pact and removal of tarriffsby signing of MOU and economic cooperation
Immigration laws been relaxed by allowing H1B for Indians who look to create startups IN UsA and generate more employment
Debt refinancing and additional taxation on corporates with large market Capitalization to decrease debt in short term.
Increasing interest rates to appreciate dollar and control inflation and money supply in market  

References:

Bailey, Martin Neil, What Happened to The Great American Job Machine!? The impact of trade and electronic Offshoring.

Cline, William R 2004. Trade policy and Global Poverty. Washington : Institute for International economics

Goldman Sachs, 2003. Dreaming with BRICS: the path to 2050. Goldman Sachs Global Economics paper 99

Zoelick, Robert B 2001. American Trade Leadership : What is at Stake? Speech before Institute of International Economics washing mton, September 24.

Schott, Jeffrey, 2004. Free trade agreements :US strategy and Priorities. Washington: Institute for International economics  

PLEASE UPVOTE INCASE YOU LIKED THE ANSWER WILL BE ENCOURAGING FOR US THANKYOU VERY MUCH ALL THE BEST IN FUTURE


Related Solutions

I need a summary for this article. It may be hard to remember, but there was...
I need a summary for this article. It may be hard to remember, but there was a time when Amazon wasn’t the largest retailer in the U.S. When the company first started selling books online in the 1990s, it had a big hurdle to overcome: getting people to feel comfortable providing their credit card information over the web.One solution that emerged is the digital wallet. A digital wallet is software that allows an e-commerce retailer or a payment service like...
Need to read the article from the link I provided and need to come up with...
Need to read the article from the link I provided and need to come up with a 2-3 page summary and critique and providing real life examples. https://motherboard.vice.com/en_us/article/qkv5a3/apocalypse-neuro-why-our-brain-cant-process-the-planets-gravest-threats or https://www.islamicboard.com/general/134342488-apocalypse-neuro-brains-dont-process-gravest-threats-humanity.html
Need to write a article analysis on latest new related to international business from major news...
Need to write a article analysis on latest new related to international business from major news sources such as BBC, Wall street journal, New York times etc. I have to analyze article on latest news article related to international business. Such as "Trade war and Iran tensions creating a ‘very unstable’ oil market"
.4 Read the following excerpts from the University of Michigan News Service online article “Women need...
.4 Read the following excerpts from the University of Michigan News Service online article “Women need not lose sleep over menopause,U-M study says” (April 27,2004). ANNARBOR,Mich.—Can’tgetagoodnight’ssleep?Don’tbequicktoblameitonmenopause. Middle-aged women often complain that they sleep poorly,and both women and their health care providers point to menopause as the cause. But University of Michigan researchers Jane Lukacs and Nancy Reame say it may be time to put that assumption to rest.In an article in the justreleased April issue of the Journal of Women’s...
Locate a news article that depicts an ethical dilemma in the workplace. Possible examples may include...
Locate a news article that depicts an ethical dilemma in the workplace. Possible examples may include the following: Employees facing backlash at work for social media posts A business discriminating against a customer An employer with controversial policies You are more than welcome to explore beyond this list of topics to find an issue or example that interests you. Only Answer the following: Find an article. Relate the situation to at least 1 of the ethical theories from this course....
I need an article on any economic topic. You are required to find an article that...
I need an article on any economic topic. You are required to find an article that is relevant to economics and make an argument in your analysis using appropriate economic terminology. Make sure you are referencing all appropriate sources. Length 1 to 2 pages
Hello, A summary of the article below I need a summary of the article below please....
Hello, A summary of the article below I need a summary of the article below please. Thank you As Coronavirus Surveillance Escalates, Personal Privacy Plummets Tracking entire populations to combat the pandemic now could open the doors to more invasive forms of government snooping later. In January, South Korea began posting detailed location histories about people who tested positive for the coronavirus, leading to public blaming and shaming.Credit...Woohae Cho for The New York Times By Natasha Singer and Choe Sang-Hun...
Ethic related Find a "News Article " post it an and explain the ethical relevance of...
Ethic related Find a "News Article " post it an and explain the ethical relevance of the article. This should be done by showing how moral forms illuminate the topic, what biomedical principles are at stake, and what information in the article echoes information related to ethics.
. Explain the concept of social capital. Name an organization currently in the business news that...
. Explain the concept of social capital. Name an organization currently in the business news that seems to have a high degree of social capital and one that seems to have a low degree. Explain you answer in 200 words.
Explain the concept of double entry system and its relationship with accounting equation? kindly I need...
Explain the concept of double entry system and its relationship with accounting equation? kindly I need the answer written not as a picture.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT