China to Sanction U.S. Firms Involved in Any Taiwan Arms Deal

China to Sanction U.S. Firms Involved in Any Taiwan Arms Deal

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Interactive Video

Business

University

Hard

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The transcript discusses a potential sales deal and its implications for major companies operating in Beijing, such as Gulfstream and Honeywell. It highlights China's response to a proposed $2 billion arms sale to Taiwan, which could lead to penalties for U.S. companies. The discussion underscores the ongoing tension between China and the U.S. over Taiwan, with potential political and economic consequences if sanctions are implemented.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which company was mentioned as having China as its third largest market for luxury jets?

Lockheed Martin

Airbus

Boeing

Gulfstream

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is different about China's current threat to impose penalties on companies?

They are focusing on European companies.

They are targeting only small businesses.

They have never imposed penalties before.

They have been more informal in the past.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a major sticking point between China and the US, as highlighted in the video?

Intellectual property

Taiwan

Trade tariffs

Currency exchange rates

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the value of the proposed arms sale to Taiwan that has increased tensions?

$2 billion

$4 billion

$3 billion

$1 billion

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What could be a consequence for companies if the proposed arms sale to Taiwan goes through?

New trade agreements

Expansion into new markets

Increased sales in China

Sanctions from China