목차
Ⅰ. Introduction
Ⅱ. Overview of current situation
Ⅲ. Economic analysis of the case
Ⅳ. Conclusion
Ⅱ. Overview of current situation
Ⅲ. Economic analysis of the case
Ⅳ. Conclusion
본문내용
US government argues that China should appreciate its currency, but China sticks to fixed exchange rate system since global financial crisis.
He argues that international trade imbalances is getting worse nowadays.
WHY?
Devaluation of China currency
Fixed exchange rate
US-China trade deficit is greatly increasing, and US government also argues that one of main triggers is fixed exchange system of China.
Double deficit : Trade deficit + Financial deficit
Weak Dollar to expand export.
He argues that international trade imbalances is getting worse nowadays.
WHY?
Devaluation of China currency
Fixed exchange rate
US-China trade deficit is greatly increasing, and US government also argues that one of main triggers is fixed exchange system of China.
Double deficit : Trade deficit + Financial deficit
Weak Dollar to expand export.
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