Outsourcing and Trade Imbalances: The U.S.-China Case

Publication Date: 
01 January 2010
Publisher: 
Wiley Online Library
Publication Language: 
EN
Appearing in: 
Pacific Economic Review
Volume: 
15
Issue: 
1
Pages: 
56-70
DOI: 
10.1111/j.1468-0106.2009.00490.x
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.