China Vs Usa (via Harmeets Econ Blog)
December 14, 2010 · Filed under 4. International Economics · Tagged account, China, currency, current, deficit, dispute, harmeet, issue, reblog, surplus, trade, USA
I personally thought that this blog post had an insightful analysis on the currency issue between China and US. The blog post connected the idea of current account with the trade surplus/deficit issue.
As we know there has been some recent controversy between China and the United states regarding the Chinese currency (Yuan). According to recent claims by the United states, the Chinese government has been using their currency to gain an unfair advantage over trade. To state wether or not the United States government has a valid claim over this controversy, we must first understand how the Chinese government would be able to do this. The Chinese … Read More
via Harmeets Econ Blog
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