US–China trade war

Nayak, Dinkar; Kumra, Akash

doi:10.4324/9781003053613-9

The China–US Trade War and South Asian Economies 2021

DOI: 10.4324/9781003053613-9

|View full text |Cite

US–China trade war

Dinkar Nayak¹,

Akash Kumra²

Help me understand this report

Search citation statements

Order By: Relevance

Paper Sections

Select...

Citation Types

Supporting

Mentioning

Contrasting

Year Published

2023

Publication Types

Select...

Article1

Relationship

Self Cite0

Independent1

Authors

Journals

Cited by 1 publication

References 0 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

Trade Liberalization and Trade Protection Based on Game Theory

Wang¹

2023

BCPBM

View full text Add to dashboard Cite

Under the background of economic globalization, economic and trade exchanges are increasingly close. While countries enjoy the dividends brought by the global economy, trade competition is also more intense. In order to protect their own economic and political interests, countries usually adopt the policies of trade liberalization or trade protection policy protectionism. The total economic volume of China and the United States is huge, so the trade frictions between the two countries will attract the attention of the world trade countries. The choice of trade policies between the two countries will also affect the economic level and economic and trade relations of both countries and even the development of the entire world economy. Therefore, from the perspective of game theory and international trade, this paper analyzes the choice of trade policy in world trade by calculating the Nash equilibrium in the choice of trade policy and the welfare changes caused by the implementation of tariffs. Through game theory analysis, the results show that trade protection and trade liberalization in world trade are both contradictory and coexist. In order to protect the development of their important industries, countries can adopt reasonable subsidy policies or protection policies to support them under the framework of WTO. However, countries should actively promote global economic governance and actively promote the development of multilateral trade and regional economy. It provides some ideas for the choice of trade policy in the context of trade war.

show abstract

Trade Liberalization and Trade Protection Based on Game Theory

Wang¹

2023

BCPBM

View full text Add to dashboard Cite

show abstract

scite is a Brooklyn-based organization that helps researchers better discover and understand research articles through Smart Citations–citations that display the context of the citation and describe whether the article provides supporting or contrasting evidence. scite is used by students and researchers from around the world and is funded in part by the National Science Foundation and the National Institute on Drug Abuse of the National Institutes of Health.

Contact Info

customersupport@researchsolutions.com

10624 S. Eastern Ave., Ste. A-614

Henderson, NV 89052, USA

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Blog Terms and Conditions API Terms Privacy Policy Contact Cookie Preferences Do Not Sell or Share My Personal Information

Made with 💙 for researchers

Part of the Research Solutions Family.

US–China trade war

Cited by 1 publication

References 0 publications

Trade Liberalization and Trade Protection Based on Game Theory

Trade Liberalization and Trade Protection Based on Game Theory

Contact Info

Product

Resources

About