OUTSOURCING AND TRADE IMBALANCES: THE UNITED STATES–CHINA CASE

Henryk Kierzkowski and Lurong Chen

Pacific Economic Review, 2010, vol. 15, issue 1, 56-70

Abstract: Trade imbalances between the United States and China have become a major concern of international macroeconomics. This paper shows that the existence of outsourcing hides the true scale of the problem.

Date: 2010
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