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Mutual Benefit Or Mercantilism

Posted on:2021-05-03Degree:MasterType:Thesis
Country:ChinaCandidate:F ZhangFull Text:PDF
GTID:2439330605450698Subject:Applied Economics
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From the statistical data,China has been the world's largest trade surplus country since 2007,and the trade surplus has maintained a growing trend as a whole,in line with the characteristics of mercantilist pursuit of trade surplus.Some scholars believe that China is pursuing heavy business.By pursuing a trade surplus,it promotes the economic development of the country and at the same time damages the interests of partner countries.It has certain aggression and is not conducive to the balanced growth of world trade.However,some scholars believe that the growth rate of China's foreign trade import and export is changing synergistically.The facts of free trade and vigorously introducing foreign investment policies,selling natural resources and losing gold all indicate that China has not pursued mercantilism,and China's foreign trade is increasingly balanced.It is in line with China's foreign trade development strategy of pursuing trade balance and "mutual benefit and win-win".These two contradictory viewpoints are each studied in the perspective of mutual benefit and win-win,mercantilism,and they cannot explain the trade facts of China's mutually beneficial and win-win characteristics and mercantilist characteristics.Therefore,this paper proposes a third research perspective,that is,from the perspective of the coexistence of China's foreign trade mutual benefit and mercantilistism,based on this,in-depth discussion of the factors affecting China's foreign trade balance.Although ideological and theoretically proposed mutual benefit and mercantilist earlier,but in the process of theoretical development,it is difficult to form a unified cognition.In the past scholars' research,it is difficult to find a clear concept and definition.Standards,therefore,based on the previous literature research,this paper expands the choice of these two concepts and indicators,and expresses mutual benefit and win-win as the continuous change of import and export and the continuous increase of total trade.Mercantilism is expressed as the continuous trade surplus.Expand and coordinate with the economy,and use the ratio of import and export to the proportion of domestic GDP to express trade balance.This paper uses the cooperation,competition and competition between commodities in classical economics,and analyzes the relationship between the two parties in international trade,the choice of trading decisions,the continuity of the transaction and the nature of the final transaction.Through analysis,we can findcooperation between commodities.The competition and competition relationship affect the difficulty of whether the two parties trade.The cooperation between traders,competition and competition determines whether the transaction behavior occurs.The final transaction is only The Pareto optimality is achieved under the conditions of(competition,competition),and the transaction is sustainable.In order to verify whether the above theoretical predictions are correct,this paper selects the trade data of China 2000-20018,the gross domestic product and related influencing factors,and constructs a regression model.It empirically tests that China's foreign trade is a kind of competitive behavior and can achieve mutual benefit and win-win.As a result,it is sustainable and manifests itself in the growing volume of trade.As for the growth of China's trade surplus,mainly from the United States,it is a monetary phenomenon that does not prove China's mercantilist policy of "competitive behavior." This also shows that the theory of competing behavior can explain the contradiction between China's foreign trade mutual benefit and mercantilistism,revealing the essential characteristics of China's foreign trade behavior and mutual benefit,and thus providing useful ideas for realizing China's foreign trade balance.
Keywords/Search Tags:mutual benefit, mercantilism, trade balance, co-competitive behavior
PDF Full Text Request
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