With a 1.3 billion population, fastest economic growth, and increasing political power in world issues, China is definitely an emerging power in the world. Any topics related to China are of great interest to the world. Globally, China is the number one soybean importer. The US, Brazil, and Argentina are the top three soybean exporters. In 2006, the US, Brazil, and Argentina supplied 92% of Chinas soybean imports. Soybean trade is very important for these involving countries. This research developed and estimated a twocountry partial equilibrium trade model to test who has stronger...
With a 1.3 billion population, fastest economic growth, and increasing political power in world issues, China is definitely an emerging power in t...