INTERNATIONAL TRADE

Which of the following is TRUE about the "trade war"?

• To protect domestic production

• Seek to reduce competing imports through tariffs, quotas, or other import restrictions.

• protecting intellectual property rights

• Promote bilateral trade

• occurs if a country believes that its competitor's country is engaged in internal territorial disputes

Answer explanation

A trade war is when countries engaged in international trade seek to reduce competing imports through tariffs, quotas, or other import restrictions. Thus, the purpose of trade wars is to protect domestic production for various reasons such as persistent deficits in the trade balance, creating jobs, protecting intellectual property rights, etc. wisdom,…

What are the economic causes mentioned in our presentation?

• the US administration has repeatedly raised concerns about China's currency manipulation

• behind the trade war between the US and China is a war on technology, especially digital technology

• The trade deficit between the US is considered the direct cause of the US-China trade tension

• the consequence of China's strong rise in terms of economy, military, and international finance and threatens China's leading position in the international arena

• the US is changing its foreign policy stance towards China

What is the reason the US-China trade war talks about digital technology in our presentation?

• China is currently pouring billions of dollars into driving the development of key technology industries

• None of above

• Domestic technology companies are protected by the government and have a monopoly in the Chinese market

• compete for interests in electronic components processing

• American companies are private companies and must take into account the problem of profit and competition before entering this technology race

When did the trade war between China and the United States begin?

• on April 22, 2019

• on March 22, 2018

• on April 22, 2018

• on March 22, 2019

What is considered the direct economic cause of the US-China trade war mentioned in our presentation?

• ineffective soft The US's diplomacy with China

• The trade deficit between the US and China

• All of above

• The consequence of China's strong rise

• None of above

Which of the following is TRUE about the Risk of fake transfers and commercial fraud due to investment diversion?

•  the slowdown in the global economy. 

• limit economic growth

• affecting the psychology of consumers

• All of above

• None of above

Which of the following is TRUE about proposing solutions for Vietnam on the Stateside?

• Research a number of Chinese and American products that are likely to increase imports into Vietnam

• Orient enterprises in diversifying, accessing

• Build import-export plans and sign long-term import-export contracts

• Control the import of goods

• economic development at the same time goes hand in hand with environmental protection policies