
Impact of Tariffs and Trade Wars

Interactive Video
•

Liam Anderson
•
Business, Social Studies
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10th Grade - University
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Hard
04:08
10 questions
Show answers
1.
Multiple Choice
What is one of the main reasons U.S. manufacturing has been negatively impacted by tariffs?
Increased competition from European manufacturers
Decreased demand for U.S. products
Higher costs of inputs from China
Lack of skilled labor
2.
Multiple Choice
Why have U.S. manufacturing companies lost sales in third countries?
Because of better alternatives from Europe
Due to a lack of innovation
Because of higher costs making them less competitive
Due to increased tariffs on exports
3.
Multiple Choice
How have tariffs affected global capital expenditure spending?
Increased spending due to new opportunities
No significant impact
Decreased spending due to uncertainty
Shifted spending to other sectors
4.
Multiple Choice
What is happening in China as a result of the trade war?
Increased foreign investment
Decreased domestic production
Rapid import substitution
Increased reliance on U.S. imports
5.
Multiple Choice
What is a key factor contributing to the U.S. trade deficit with over 100 countries?
Excessive exports
Low domestic savings
High domestic savings
Strong currency
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