The Application of General Theory of Trade Relativity on China, ASEAN, Japan, E.U. and U.S.A.
China-ASEAN Integration and Trade Journal, 1(1): 83-89, 2011
8 Pages Posted: 19 Dec 2012 Last revised: 26 Jun 2016
Date Written: December 4, 2011
This paper is interested to apply the general theory of relativity develop by Albert Einstein (1916) into the analysis of international trade. We like to use this great theory of physics to explain the behavior of international trade among nations, at the same time, how a large country with a constant expansion of its economic mass (Ð) can generate a strong trade gravity attraction around it with the traditional trade partners and possible new trade partners. It is possible to be observed in the case of U.S. and China economy. Finally, we like to probe if the success of any trade bloc request at less one of its member keep a large economic mass (Ð) then this country with a large economic mass (Ð) can generate a strong trade garvity to attract the rest of members into the same trade bloc, we suggest the uses of two trade blocs follow by NAFTA and ASEAN.
Keywords: Econographicology, macroeconomic policy, economic teaching, multi-dimensional graphs, Cartesian Spaces
JEL Classification: B40
Suggested Citation: Suggested Citation