Alabama Southern Community College Sino-US Trade War Research Paper

User Generated

Znherra0112

Economics

Alabama Southern Community College

Description

Sino-U.S. Trade War

Abstract

The Sino-U.S. trade wrangles signify a shift from the tenets of free trade that have characterized international business over the past decades to protectionism. The two world’s behemoth economies are embroiled in a trade war as each attempts to extract optimal benefits from international trade. On one hand, the U.S. through Trump’s administration cites huge trade deficits with China as the chief cause for the imposition of heavy import tariffs on various categories of Chinese goods. On the other hand, China’s import tariffs on selected American goods are an act of retaliation. The trade war has had wide-ranging impacts on the economies of the two nations as well as the global economy, making it the most significant current international trade issue.

ECO 4451 International Trade Research Paper

Instructions:

Use of Microsoft Word (.doc or .docx) is required.

Text of your paper (not including title page, abstract, and bibliography)

should be approximately 1500 words – no less than 1,400 words and no

more than 1,700 words.

o

Times New Roman, size 12 font (title can be larger)

o

Standard margins

o

Double-spaced

Paper must contain your name:

o

Research paper submitted without author’s name are not graded.

o

Students not submitting a Research Paper (includes papers with no

name) receive a zero

Title page optional

Bibliography is required; use either MLA or APA format.

o

MLA:

http://www.library.cornell.edu/resrch/citmanage/ml...

o

APA:

http://www.library.cornell.edu/resrch/citmanage/ap...

At least two refereed journal articles are required and included within your

citations. (I suggest using Google Scholar to search for articles in refereed

journals.)

Cited material cannot exceed 15% of the total word count.

Use of third-person format is required. (No “I” or “you”)

No table of contents

Abstract optional and does not count as part of the paper’s required word

count. If you choose to include an abstract, it should be no longer than 150

words.

Rubric:

Content

70 points

Length (approximately 1,500 words)

10 points

Use of two refereed journals, cited within text and bibliography

10 points

Proper MLA or APA citations used within text and bibliography

5 points

Correct formatting (See “Sample Format for Research Paper)

5 points

I take off 10 percentage points for each day the paper is past due.

I use Turnitin. If I detect any hint of plagiarism, you will receive a 0%.

Here are some suggestions that may be of assistance with the research paper.

  1. Start with the premise of your paper, e.g., the value of the US dollar helped US exports because it experienced less fluctuation from 2004 through 2014 than the Euro.
  2. Reword your premise to formulate an introduction.
  3. Identify 3 or 4 supporting points that will prove your premise. These supporting points become paragraphs and are incorporated in the introduction.
    • Do Not provide definitions, background, or superfluous information
    • Focus of your paper must be the economic premise (title) of your paper.
  4. Develop the supporting points into supporting paragraphs.
  5. Write your conclusion stating how you proved the premise of your paper
  6. Provide bibliography; ensure paper is spell checked, proofread, properly formatted, and original work.
  7. Submit per the syllabus

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Explanation & Answer

Attached.

Running Head: SINO U.S. TRADE WAR

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Sino-U.S. Trade War
Student’s Name:
Professor Name:
Course Number:
Date:

SINO U.S. TRADE WAR

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Introduction
Although China and U.S have been having tense trade relations for decades, the ongoing
trade war commenced in early 2018. Although numerous steps have been proposed to address
this conflict, none of them is most likely to provide a long-lasting solution. This is due to the
implications of the conflict on the economic policy and its part in the larger context of global
power struggle (Varblane & Juust, 2019). Consequently, any agreement currently under
negotiation have very reduced likelihood of providing a long-term solution. The influence of
massive global economic friction as well as the personality-centered factors pose the threat of
erupting the conflict into a full-scale international trade war that could also result in financial
crisis on short-term basis. On a broader perspective, the power struggle between these two
superpowers is also a major threat to World Trade Organization (WTO) and can results in its
marginalization. Inevitably, the war also influences the European Union that is compelled to
balance its security considerations, economic interests, as well as its values.
The origin of the new wave of trade-barriers
One of the driving forces of the new motion of protectionism in U.S. trade policy is the
globalization of the global economy whose profits haven’t been equally distributed among all
sections of the society. From an economics perspectives, the eradication of trade barriers such as
customs results in the growth of a country’s wellbeing through economies of scale, innovation,
and specialization among other ways (Varblane & Juust, 2019). However, while these benefits
are enormous, there are cases whereby the benefits are not equally distributed in the society. In
the case of the U.S., the members of the society who have not benefited from the international
trade has been unskilled workers. For the past thirty years, the income of these members of the
society has remained unchanged despite the escalation in prices. This has been facilitated by the

SINO U.S. TRADE WAR

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employment of immigrant employees such as As...


Anonymous
This is great! Exactly what I wanted.

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