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dc.contributor.authorChan, Hoi Ting.en_US
dc.contributor.authorLim, Alice Wan Wei.en_US
dc.contributor.authorOng, Michelle Mei Ping.en_US
dc.description.abstractThis paper seeks to address the causes of global imbalances through the macroeconomic perspectives of elasticity and savings-investment theories. We concentrate on the US-China bilateral trade relations by investigating the determinants of the US-China bilateral trade balance and their respective current account balances. Using the error correction model, we found that relative income growth rates and investment are the more influential elements in contributing to the trade imbalance. The Unit Labour Cost (ULC) is introduced as a form of cost competitiveness under the elasticity approach, and our findings showed that it is a significant factor.en_US
dc.rightsNanyang Technological Universityen_US
dc.subjectDRNTU::Business::International business::Balance of trade-
dc.titleGlimpse into the US-china bilateral trade imbalance.en_US
dc.typeFinal Year Project (FYP)en_US
dc.contributor.supervisorTan, Kim Hengen_US
dc.contributor.schoolSchool of Humanities and Social Sciencesen_US
dc.description.degreeBachelor of Artsen_US
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Appears in Collections:HSS Student Reports (FYP/IA/PA/PI)
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