Global Trade Theories China and India.docx - Running head WEEK 1 ASSIGNMENT Global Trade Theories for China and India Kathleen Schmitt American Public

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Running head: WEEK 1 ASSIGNMENT 1 Global Trade Theories for China and India Kathleen Schmitt American Public University BUSN601 Globalization August 11, 2019
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Running head: WEEK 1 ASSIGNMENT Global Trade Theories for China and India China has the world’s largest population with India having the second world’s largest population. China has the world’s second largest economy and India has the world’s sixth largest economy. Their fast-growing economies have been sustained by their expansion into the global markets. It is my belief that the growth of international trade for both countries can be attributed to several global trade theories. The global trade theories that I believe apply to this growth the most would be the theory of specialization and wealth accumulation. China’s government has created Specialized Economic Zones (SEZ) that allow business to operate under a capitalist structure. By the government creating these SEZ
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