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Kapitel 1
Einführung

International Trade

Ningbo University
BA International
Trade & Economy
Winter Semester 2013 / 2014

Dr. Thomas Schuster
Guest Professor

Useful Information
Office hour: After the lecture or at any other time upon appointment E-Mail: drth.schuster@web.de
Assistent

• Fu Suying
• fusuying@nbu.edu.cn
• Phone: 13566627298
Classes:

• Tuesday 8.00-9.35 a.m. every week
• Thursday 8.00-9.35 a.m. every even week

Dr. Thomas Schuster

Ningbo University

International Trade

WS 2013 / 2014

1-2

Useful Information
The course material will be published at schuster.gnomio.com • Go to the internet site schuster.gnomio.com
• Click on the course „NBU BA International Trade IS




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Thomas Schuster

Ningbo University

International Trade

WS 2013 / 2014

1-13

Exports as a Percentage of Chinese National
Income

Exports / GDP in %

45
40
35
30
25
20
2004

2006

2008

2010

Source: OECD 2013
Dr. Thomas Schuster

Ningbo University

International Trade

WS 2013 / 2014

1-14

Imports as a Percentage of Chinese National
Income

Imports / GDP in %

35

30

25

20
2004

2006

2008

2010

Source: OECD 2013
Dr. Thomas Schuster

Ningbo University

International Trade

WS 2013 / 2014

1-15

Chines Exports to Selected Regions as Percentage of GDP

Source: OECD 2013
Dr. Thomas Schuster

Ningbo University

International Trade

WS 2013 / 2014

1-16

Chines Imports from Selected Regions as
Percentage of GDP

Source: OECD 2013
Dr. Thomas Schuster

Ningbo University

International Trade

WS 2013 / 2014

1-17

Growth in Chinese Exports less Growth in World
Markets 2000-2012

Source: OECD 2013
Dr. Thomas Schuster

Ningbo University

International Trade

WS 2013 / 2014

1-18

Current Account Balance of Payments as
Percentage of GDP

Balance of Payments /
GDP in %

4
3
3
2
2
1
1
0
2004

2006

2008

Source: OECD 2013
Dr. Thomas Schuster

Ningbo University

International Trade

WS 2013 / 2014

1-19

The Gravity Model
Three of the top ten trading partners with the U.S. in 2008 were also the 3 largest European economies:

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