Title: Undergraduate Research Journal for the Human Sciences
Headings: The Economic Connections between China and the U.S.:
How to Benefit Both Players through International Trading

The Economic Connections between China and the U.S.:
How to Benefit Both Players through International Trading
Abstract
Introduction
The Trade between China and United States
The Importance of Achieving a “Win-Win” Situation
How to Benefit Both Players through International Trading
Conclusion
References

Content: The U.S. needs China for loans and China can invest in the U.S. With China producing cheap products, it gives the consumers more money to spend. China joined the World Trade Organization (WTO) in 2001 and has since taken major steps to promote trade liberalization. It participates in free trade agreements (FTAs) with ASEAN, New Zealand, and Costa Rica. In addition China is negotiating with Australia for a comprehensive Sino-Australian FTA. However, real free trade has not yet been fully accepted by China or the U.S. This would mean no government interference and open trade between the two countries. Government invention is meant to protect domestic businesses through tariffs and import quotas. One problem China has is a low currency. High