problem

problem
problem

 International Economics
 
Class: 221.ECO1103E.A17E
Teacher:

Problem: The impact of trade war

between the US and China on the
world economy.
 Leaf House

 
LÊ TUẤN THUẬN BÙI TẤN KIỆT VÕ THI NGỌC HUYỀN NGUYỄN MINH ANH

ĐOÀN THU UYÊN LÊ QUỐC ĐẠT NGUYỄN THỊ MINH ANH

1. TRADE WAR
CONCEPTS
A trade war is an economic conflict often resulting
from extreme protectionism in which states raise or
create tariffs or other trade barriers against each
other in response to trade barriers created by the
other party
2. ORIGINS OF US- CHINA
TRADE WAR
- The ongoing trade war in the early 2000s.

-The yuan is undervalued against the dollar.

-Chinese trade and exchange rate policies

designed to promote Chinese exports and
obstruct imports.
 3. United States – China Trade War

3.1. United States – China trade war under President Donald Trump.
3.1.1. The battle of the two larget economies.
3.1.2. The impact of trade war between the US and China on the world economy.
3.1.2.1. Impact of the two-power trade war on the United States.
3.1.2.2. Impact of the tow-power trade war on China.
3.1.2.3. The impact of trade war US – China in another country.
3.2. United States – China trade war under President Biden
3.1. United States – China trade
war under President Donald
Trump.  President Donald Trump sparked a
campaign to confront China with a series of
statements after failed negotiations, when the
world's second largest economy also
responded.

President China has launched a trade war to

pressure Beijing to make significant changes
in economic policy including: Forced
technology transfer, limited market access,
intellectual property theft. and subsidies for
home businesses

.
 6/7/2018
• The two sides
29/6/2018 attacked each
• China has threatened other's 34 billion
to levy 25% tariffs on goods.
15/6/2018 $50 billion worth of
US goods.
• Beginning in July of
next year, the US will
apply 25% tariffs on
2/4/2018 $50 billion worth of
Chinese imports in
• As a reaction, two packages totaling
China puts tariffs 34 billion won and 16
on 128 US billion won.
products.
22/3/2018
• The US placed
25% tariffs on
Chinese
imports worth
$50 billion.
Types of Inflation

Demand-Pull Inflation Monetary Inflation

Presentations are tools that Presentations are tools that can be
can be used as demonstrations, used as lectures, speeches, reports,
lectures, reports, and more. and more.

It serves a variety of purposes,

making presentations powerful tools
Cost-Push Inflation for convincing and teaching.
Presentations are tools that
can be used as demonstrations,
lectures, reports, and more.
THEORIES OF INFLATION

Quantity Theory “Cost–Push” Theory

Presentations are tools that Presentations are tools that
can be used as lectures, reports, can be used as lectures, reports,
and more. and more.

Keynesian Theory Structural Theory

Presentations are tools that Presentations are tools that
can be used as lectures, reports, can be used as lectures, reports,
and more. and more.
10 million 0.5
Venezuela's annual percent Brunei Darussalam's annual
change in inflation rate percent change in inflation rate
By the
Numbers
REAL-LIFE DATA ON INFLATION

Presentations are communication tools that can be used as

demonstrations, lectures, speeches, reports, and more.
41.9
quadrillion percent
REAL-LIFE DATA ON INFLATION
Hungary's inflation rate in July 1946,
the highest rapid monthly inflation ever recorded
 50

Annual Percent 40

Change on
Inflation Rate
30

20
WORLDWIDE DATA (2016-2020)
Presentations are communication tools that can be used as demonstrations,
lectures, speeches, reports, and more. 10

It serves a variety of purposes, making presentations

powerful tools for convincing and teaching.
0
Item 1 Item 2 Item 3 Item 4 Item 5 Item 6 Item 7
 VARIETIES OF DEFLATION

Chronic Deflation Wage-Price Inflation/Deflation

01 Presentations are tools that can be used 03 Presentations are tools that can be used
s lectures, speeches, reports, and more. s lectures, speeches, reports, and more.

Commodity Inflation/Deflation Financial Asset Inflation/Deflation

02 Presentations are tools that can be used 04 Presentations are tools that can be used
s lectures, speeches, reports, and more. s lectures, speeches, reports, and more.
 Change in capital structure

Causes of
Deflation Decrease in money supply

FACTORS BEHIND FALLING PRICES

Pessimistic economic outlook

 EFFECTS OF DEFLATION

Impact on the
economy
From layoffs to investments
 1837: Post Panic of 1837
Presentations are communication tools
that can be used as lectures and more.

Historical
Examples of 1930-1933: Great Depression

Deflation
Presentations are communication tools
that can be used as lectures and more.

MAJOR DEFLATIONARY PERIODS

1990: Japanese Deflation
Presentations are communication tools
that can be used as lectures and more.
 Central banks increase
money supply.
01 Presentations are tools that can be used
as lectures and more.

HOW TO Government spurs

COUNTER
aggregate demand.
02 Presentations are tools that can be used

DEFLATION
as lectures and more.

Impose lower taxes.

03 Presentations are tools that can be used
as lectures and more.
Presentations are communication tools that can be used as
demonstrations, lectures, speeches, reports, and more. It is
mostly presented before an audience.

Start with an outline of topics and identify highlights,

which can be applied to whatever subject you plan on
discussing.

You can then organize them into your introduction, your

main content, and your conclusion.
Remember to keep your presentation easy-to-read.
Unconventional Money
Policies
HELICOPTER DROP

Helicopter drop Quantitative easing Influencing expectations

Presentations are communication tools Presentations are communication tools Presentations are communication tools that
that can be used as lectures. that can be used as lectures. can be used as lectures.

Start with an outline of topics and Start with an outline of topics and Start with an outline of topics and identify
identify highlights, which can be applied identify highlights, which can be applied highlights, which can be applied to
to whatever subject you plan on to whatever subject you plan on whatever subject you plan on discussing.
discussing. discussing.
Is there
"good"
deflation?
Yes, when prices are lower due to
technological innovations.
INFLATION &
DEFLATION:
BREAKING DOWN
THE BASICS
Presentations are communication tools that can be used as
demonstrations, lectures, speeches, reports, and more. It is mostly
presented before an audience. Start with an outline of topics and
identify highlights, which can be applied to whatever subject you
plan on discussing.
John Maynard
Keynes
ECONOMIST SPOTLIGHT

Education & Work

Presentations are communication tools that can be used as lectures.

Scholarly Contribution
Presentations are communication tools that can be used as lectures.
 INFLATION & DEFLATION IN ACTION

Presentations are communication tools that can be used as demonstrations.

It is mostly presented before an audience. Start with an outline of topics and identify
highlights, which can be applied to whatever subject you plan on discussing.
 Camden Michaels
Group Leader

Group 1A
Members
Sandra Hepburn
Researcher

GET TO KNOW THE REPORTERS

Dawson McKinley
Presentation Wizard
Time Travel
Game
Step 1
01 Guess how much the prices of the goods posted in
the board for a given year in the past.

02 Step 2
State how much these prices would be today.

03 Step 3
State how much these prices would be today.
 Inflation Definitions: Through the Ages
by Justin Lahart

List of
References Inflation vs Deflation and Why It Matters
by Candice Elliott

ONLINE SOURCES
The World’s Most Famous Case of Deflation
Jeff Desjardins