The recent admission of China into the WTO (World Trade Organization) further increases the interest on international trade, especially on the benefits and impact of trade. It is not the primary objective of this pape...The recent admission of China into the WTO (World Trade Organization) further increases the interest on international trade, especially on the benefits and impact of trade. It is not the primary objective of this paper to discuss the benefits and effects of trade or WTO membership as such. Rather, the focus is on how the growth of a country (either China or any other country) may increase the benefits of its trading partners. In particular, which countries/regions will benefit more from the growth of China? And from the growth of which countries/regions will China benefit more?Greater openness increases efficiency and productiv-展开更多
文摘The recent admission of China into the WTO (World Trade Organization) further increases the interest on international trade, especially on the benefits and impact of trade. It is not the primary objective of this paper to discuss the benefits and effects of trade or WTO membership as such. Rather, the focus is on how the growth of a country (either China or any other country) may increase the benefits of its trading partners. In particular, which countries/regions will benefit more from the growth of China? And from the growth of which countries/regions will China benefit more?Greater openness increases efficiency and productiv-
