Analysis on Competition and Complementarity of Sino-India Trade
Sha He
Abstract
Sha He
Abstract
China and India,as the world's two largest developing countries,because of the adjacency of the geographical position,the similarity of the national conditions,this results in a similarity in the foreign trade of the two countries.This paper revealed trade integration index,comparative advantage index,trade complementarity index to analyze the competitive and complementary situation existing in Sino-India trade,which have a major significance for instructing the two countries to make correct trade policy and promote bilateral trade.
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China and India,as the world's two largest developing countries,because of the adjacency of the geographical position,the similarity of the national conditions,this results in a similarity in the foreign trade of the two countries.This paper revealed trade integration index,comparative advantage index,trade complementarity index to analyze the competitive and complementary situation existing in Sino-India trade,which have a major significance for instructing the two countries to make correct trade policy and promote bilateral trade.
Key concepts: Complementarity (molecular biology), International trade, Index (typography), China, Revealed comparative advantage, Economics, International economics, Economic integration