Recent bilateral trade figures alarm politicians who worry
About China's growing trade imbalance with the United
States.What do the authors of your textbook say?

Question

Quizplus · Accepted Answer

According to the textbook, China imports a significant portion of the value of its exports to the United States from other countries, which means the trade imbalance may not be as bad as it appears on paper. Additionally, the authors note that counting imports and exports and using different currencies can also affect the trade imbalance figures. However, there is no mention of irresponsible governments, corruption, or greedy corporations as reasons for the growing trade gap.

Recent Bilateral Trade Figures Alarm Politicians Who Worry