Determinan ekspor manufaktur Cina ke Amerika serikat periode 2000 - 2005

Compared to the 1990s, US trade deficits with China are highly increased in 2000 and there are some suggestions that this situation is not slowing down. Many economists said that this is caused by the undervalued currency between RMB/USD and pointing out a revaluation to China?s Renmimbi would slow down US trade deficits. Using an augmented gravity model with 1767 manufactured commodities based…