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2007•Economic ManagementRequires access

A Analysis on Trade Surplus from Resources Endowments Perspective

YU Yun-chun

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Abstract

The continual high trade surplus takes a big problem to our economic policy.In this paper,on the basis of the analysis of China trade surplus structure,we have found out the main reason is that the relative low price of resources,such as human resources and natural resources.And then we have put forward our suggestions that the reform in resources price system is an important way to solve the trade surplus problem.

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What this paper is about

The continual high trade surplus takes a big problem to our economic policy.In this paper,on the basis of the analysis of China trade surplus structure,we have found out the main reason is that the relative low price of resources,such as human resources and natural resources.And then we have put forward our suggestions that the reform in resources price system is an important way to solve the trade surplus problem.

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Available abstract

The continual high trade surplus takes a big problem to our economic policy.In this paper,on the basis of the analysis of China trade surplus structure,we have found out the main reason is that the relative low price of resources,such as human resources and natural resources.And then we have put forward our suggestions that the reform in resources price system is an important way to solve the trade surplus problem.

Key concepts: Economics, Economic surplus, China, Natural resource, Perspective (graphical), Gains from trade, Relative price, Microeconomics

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