Sign Up Now
Get instant access to over 1 million+ study documents
OR
Already registered? click here to login
By creating your account, you agree to our terms of service, privacy policy and student honor code.
¶ … Heckscher-Ohlin explain China's Trade?
Introductory Paragraph
The Heckscher-Ohlin Theorem, essentially, states that a capital-abundant country will export capital-intensive goods, whilst a labor-abundant country will export labor-intensive goods. The following essay suggests that contemporary USA and China follow the pattern of the Heckscher-Ohlin Theorem where America, low in unskilled human labor but high in capital and agriculture, exports those goods in quantity, whereas China, low in capital but rich in unskilled human labor, exports those resources. Focusing on China, the essay traces China's current economic policies and patterns of trade in order to establish whether China's pattern of trade is consistent with the predictions of Heckscher-Ohlin.
Statement of the Problem
The Heckscher-Ohlin Theorem states that a capital-abundant country will export capital-intensive goods, whilst a labor-abundant...
The following essay wonders whether China's economic policies and system, in general, and the Chinese-U.S. trade routine, in particular, coheres with the predictions of the Heckscher-Ohlin theorem.
Student's Solution to the Problem
Since 1975, Chinese production and exportation of food and agricultural products has markedly declined. China, after all, has relatively little arable farmland with which to grow produce. On the other hand, 1975 and onwards has also seen a marked growth in manufacturing products, particularly labor intensive ones, such as apparel.
Even in the form of agricultural goods, although China does produce land-intensive products such as soybeans, cotton, and grains, being relatively poor in capital, its focus has shifted to, and accentuates, labor-intensive crops such as garlic, mushrooms, sweet corn, peppers, leeks, cut flowers, apples, and pears.…
References
Several factors should be considered before the restrictions are lessened. The relaxation of the policy will only be considered if there is an ample amount of evidence showing that low fertility rates will be sustained. Current studies show that China is transitioning into a small family culture. In 30 pilot counties the policy has been lifted, allowing couples to choose their family size (Poston, 2002, p333-47). However, the National Family
China's One-Child Policy In 1981 the Chinese government implemented the reproductive health program, also known as the one-child policy. This policy was intended to limit the number of births per family in order to stem a growing concern about over-population. This paper takes the position that while the population in China has stabilized, the overall effect of the policy has been detrimental to the nation in the long-run. Chinese officials insist
Conclusion China's growth rate has slowed dramatically in the last 30 years under the auspice of the One-Child Policy. In fact, at this point it is believed that growth rate is under 2% and that the population replacement rate is at 2.1%, meaning that if these numbers are accurate and hold up, the population of China could actually decrease at some point in the future. Hence, the One-Child Policy could be seen
China's One Child Policy Historically, it is noted that Mao Zedong, once a China president encouraged population growth which saw the population of China almost double during that period of his leadership. This led to overpopulation and the stretching of the social amenities and most importantly the economy. In order to address this challenge, the one -- child policy was introduced in China. This is a policy which forbids any family
China's One Child Policy In the last part of the 20th Century, China, also known as the "sleeping giant," has transformed itself from a predominantly rural, pre-industrialized society to a political and economic challenger. Since the Maoist Revolution of 1949, also known as the Great Patriotic Revolution, China has transformed itself from a feudal system to one of the world's faster growing economies globally. China is huge -- in both geography
Child Policy in China Button, G. (2011). China's One-Child Policy and the Population Explosion. Indian Journal of Economics and Business, 10(4), 467-474. Button is an accomplished author of various scholarly texts and is a holder of a masters of science in education and a bachelor's degree in international studies. In the past, Button has worked as a Research Assistant at the University of Denver, and more recently, he assumed the position