China February Exports Fall 25.4%

China February Exports Fall 25.4%

Assessment

Interactive Video

Business

University

Hard

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The video discusses significant changes in export and import figures, highlighting a 25.4% year-over-year decline in exports for February, which is much larger than the expected 14.5% drop. Imports also fell by 13.8%, slightly worse than the anticipated 12%. These changes have narrowed the trade surplus from a record $63.3 billion in January to $32.59 billion in February. The video provides a detailed analysis of these figures, considering both dollar and yuan terms, and recaps the overall impact on the trade balance.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the percentage drop in exports in February compared to the previous year?

13.8%

11.2%

25.4%

14.5%

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How did the export decline in February compare to the economists' expectations?

It was less than expected

It matched expectations

It was more than expected

It was not mentioned

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

By how much did imports decrease in February year over year?

12%

11.2%

13.8%

25.4%

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the trade surplus in January before it narrowed in February?

$63.3 billion

$13 billion

$32.59 billion

$51 billion

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the trade surplus in February after the decline in exports?

$51 billion

$63.3 billion

$32.59 billion

$13 billion