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The Integration of the World Economy Affects the Foreign Trade of Chinese Agricultural Products

The Integration of the World Economy Affects the Foreign Trade of Chinese Agricultural Products

Feng FENG

School of Economics and Management, Tianjin Agricultural University, Tianjin 300384, China


Abstract: At present, the new trend of the world economy is developing towards the direction of regional grouping and economic integration. leading to the increasingly fierce competition among the countries of WTO, and the prevalence of protectionism. These all restrict the free development of the international econ-omy, especially the external economy of developing countries. China is a developing country, in international trade, the competition of commodity and economic integration member countries is actually in a state of in-equality. The trade between economic integration member countries, although Flaunt its openness, there is great exclusiveness to non-members, which is the reason of trade creation and trade transfer. The former re-fers to cheap imports from trading partners to replace goods that need to be produced at higher cost in China; The latter refers to cheaper imports from non-member countries by more expensive, more expensive imports. This means that our goods are sometimes in low prices, and do not necessarily enter the market of integrated member countries.  

Keywords: Integration of world economy; Foreign trade of agricultural products