Order 1421522: With reference to trade theory and trade policy, and the data in Table 1, evaluate the arguments that have been used to support the trade protection measures adopted by the United States against China in 2018.
With reference to trade theory and trade policy, and the data in Table 1, evaluate the arguments that have been used to support the trade protection measures adopted by the United States against China in 2018.
Table 1: Merchandise Exports and Imports to and from China (Mainland) 2014 to 2017
|
|
2014 |
2015 |
2016 |
2017 |
2018* |
|
Exports ($bn) |
123.7 |
116.2 |
115.8 |
130.4 |
64.0 |
|
Imports ($bn) |
466.8 |
481.9 |
462.8 |
505.6 |
250.0 |
* First two quarters of 2018
Source: IMF Direction of Trade Database
Note: