tag:blogger.com,1999:blog-1331441403058020963.post5354841169365109903..comments2024-03-28T06:49:24.930-04:00Comments on International Political Economy at the University of North Carolina: I am a PessimistThomas Oatleyhttp://www.blogger.com/profile/14092437150746625670noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-1331441403058020963.post-80338857675754877942010-03-16T22:27:26.914-04:002010-03-16T22:27:26.914-04:00Thanks for taking out the trash on this one.
Anot...Thanks for taking out the trash on this one.<br /><br />Another point is that the world is not comprised of just the US and China. If China allowed its currency to appreciate we surely would import fewer goods from them... but we'd import more from Vietnam and Cambodia and Malaysia and Taiwan and etc. On net it's not clear that our trade balance would improve at all, unless China's revaluation causes them to import more goods from us. (But again, they may just import stuff from Vietnam and Malaysia.)Kindred Winecoffhttps://www.blogger.com/profile/14330671232391851377noreply@blogger.com