International Trade and Its Impacts
Interactive Video
•
Jackson Turner
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Business, Social Studies
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10th - 12th Grade
•
1 plays
•
Hard
01:37
7 questions
Show answers
1.
Multiple Choice
How does international trade affect the demand for different types of workers?
Increases demand for less skilled workers
Increases demand for skilled workers
Decreases demand for engineers
Has no effect on labor demand
2.
Multiple Choice
What has changed in the global trade dynamics over the past decade?
China has become a major competitive force
The demand for less skilled workers has increased
Trade with third world countries has decreased
Japan has become the main competitive threat
3.
Multiple Choice
Which country is described as having a high skill, high wage economy similar to the US?
Mexico
China
India
Japan
4.
Multiple Choice
What is a characteristic of China's workforce according to the video?
High skill and low wage
Low skill and low wage
Low skill and high wage
High skill and high wage
5.
Multiple Choice
Why is there a need to update the understanding of trade and inequality?
Because the demand for engineers has decreased
Because trade with Japan has decreased
Due to the decrease in global trade
Due to the surge in trade with China and Mexico
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