Comparing Some Benefits and Costs from Eliminating the U.S. Trade Deficit with Low Wage Countries

Author(s):  
Jon R. Neill
1977 ◽  
Vol 9 (1) ◽  
pp. 129-135 ◽  
Author(s):  
C. Robert Taylor ◽  
Ronald D. Lacewell

Throughout the southern states and at the federal level, much attention is being focused on the appropriate strategy for controlling cotton insect pests, particularly the boll weevil. This paper presents estimated economic impacts to farmers, regions and consumers of implementing three alternative boll weevil control strategies. One strategy evaluated is a proposed boll weevil eradication program which involves integrating many controls including insecticides, reproduction-diapause control by early season stalk destruction, pheromone-baited traps, trap crops, early season control with insecticide, and massive releases of sterile boll weevils. The plan is to eradicate the boll weevil in the U.S., and then indefinitely maintain a barrier at the U.S.-Mexico border to prevent future weevil immigration to the U.S.


2013 ◽  
Vol 46 (6) ◽  
pp. 80-93 ◽  
Author(s):  
Kan Yue ◽  
Kevin Honglin Zhang
Keyword(s):  

2011 ◽  
Vol 17 (1) ◽  
Author(s):  
Tyler T. Yu ◽  
Miranda M. Zhang

<p class="MsoNormal" style="text-align: justify; margin: 0in 37.8pt 0pt 0.5in; mso-pagination: none;"><span style="font-family: &quot;CG Times&quot;,&quot;serif&quot;; mso-bidi-font-style: italic;"><span style="font-size: x-small;">This paper discusses the per-capita consumption of imports aspect of international trade.<span style="mso-spacerun: yes;">&nbsp; </span>A research hypothesis is tested to investigate if there is a significant difference among G-7 countries in per-capita consumption of imports and the implication of the testing results for the U.S. - Japan bilateral trade deficit.<span style="mso-spacerun: yes;">&nbsp; </span>The results of the ANOVA and the Kruskal-Wallis test yield insignificant variation in per-capita consumption of imported goods/services among the G-7 countries.<span style="mso-spacerun: yes;">&nbsp; </span>The study recapitulates the reason(s) for the U.S. trade deficit with Japan and essentially states that factors other than trade barriers and restrictions cause the U.S. trade deficit with Japan.<span style="mso-spacerun: yes;">&nbsp; </span>While this result may initially seem counterintuitive and inconsistent with popular wisdom, it may actually help uncover the true causes for the sustained trade deficit with Japan.</span></span></p>


2014 ◽  
Vol 28 (1) ◽  
pp. 65-83 ◽  
Author(s):  
Myeong Hwan Kim
Keyword(s):  

1987 ◽  
Vol 1987 (1) ◽  
pp. 1 ◽  
Author(s):  
Paul R. Krugman ◽  
Richard E. Baldwin ◽  
Barry Bosworth ◽  
Peter Hooper
Keyword(s):  

2010 ◽  
Vol 12 (1) ◽  
pp. 98-119 ◽  
Author(s):  
Alan P. Dobson

The U.S. strategic embargo against the Soviet bloc, adopted in 1947–1948, had been designed to restrict the supply of weapons technology to the Soviet Union and to retard Soviet economic growth. When these objectives failed to materialize by 1957, a lengthy reevaluation of the purpose, benefits, and costs of the embargo ensued. The Kennedy administration eventually concluded that the strategic embargo was an integral part of U.S. Cold War strategy and, as such, could not be abandoned without suffering important diplomatic costs. The embargo became a means of bargaining with the Soviet Union and a medium through which to convey messages. Like any other tool of statecraft, the embargo proved to be as flexible as officials wanted to make it. Even if it failed in its original purpose, it could be used in other ways.


2001 ◽  
Vol 80 (3) ◽  
pp. 87 ◽  
Author(s):  
Joseph Quinlan ◽  
Marc Chandler
Keyword(s):  

2019 ◽  
Vol 14 (7) ◽  
pp. 70
Author(s):  
Jui-Lung Chen

When US President Donald Trump signed the Section 301 Investigation in March 2018, the Sino-US trade war intensified, exerting a great impact on the global economy. The Trump Administration recently has piled up the economic and trade pressure on China, while China seeks to resort to the WTO dispute settlement mechanism and break the siege imposed by the trade war through the &quot;Belt and Road Initiative&quot;. US launched a trade war against China due mainly to the huge trade deficit with China, and the trade frictions between the U.S. and China have caused turbulence on the Asian and global industrial chains. Therefore, by analyzing the recent trade conflicts between the U.S. and China and the responses given by both respectively, this paper explores the possible impact on Taiwan&#39;s manufacturing and its potential response.


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