A Game Theory-based Analysis of Trade And Policy Between China and Brazil In Electrical And Mechanical Products

Hongyu Yan

doi:10.54691/bcpbm.v31i.2660

Authors

Hongyu Yan

DOI:

https://doi.org/10.54691/bcpbm.v31i.2660

Keywords:

China; Brazil; evolutionary game; cooperation and competition; trade.

Abstract

China and Brazil are the two largest developing countries in the world in terms of land area with rapid economic development and huge economic potential advantage. Since the resumption of trade between China and Brazil in 1972, the economic and trade relations between the two countries have grown considerably through the joint efforts of both sides . This paper analyses the current situation of trade between China and Brazil by analysing the relevant trade data and applying the game theory approach to analyse the trade competition and cooperation between the two countries under the epidemic. This paper will focus on the trade situation of electrical and mechanical products and make relevant suggestions to address the current problems.

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