Moosa, Imad A. - In: Economia Internazionale / International Economics 64 (2011) 3, pp. 365-388
Arguments are put forward to challenge the case for a trade war between the U.S. and China. The threat of a trade war against China is based on three pillars: (i) the Chinese currency is undervalued, (ii) undervaluation of the yuan is the cause of and cure for the U.S. massive trade deficit, and...