Sen. Portman Wants a Free Trade Deal With Japan

Sen. Portman Wants a Free Trade Deal With Japan

Assessment

Interactive Video

Business, Social Studies

University

Hard

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FREE Resource

The video discusses strategic tariffs on China, the Indo-Pacific economic framework, the Ukraine grain blockade, and the US economy's inflation issues. It highlights the need for strategic trade agreements, the impact of the Ukraine conflict on global food security, and strategies to combat inflation in the US.

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7 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the primary reason for the tariffs on Chinese products according to the speaker?

Unfair trading practices by China

National security concerns

To strengthen diplomatic relations

To increase American exports

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why is a trade agreement with Japan considered politically viable?

Japan is the largest economy in the Trans-Pacific Partnership Group without a U.S. trade agreement.

Japan has already agreed to all U.S. terms.

Japan has no existing trade barriers.

Japan is the smallest economy in the region.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main issue caused by the blockade of Ukrainian ports?

Loss of tourism revenue

Decrease in oil exports

Disruption of global grain supply

Increased military tensions

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What role does the speaker suggest the United States should play in resolving the grain blockade in Ukraine?

A central role in opening a humanitarian corridor

A passive observer

A financial supporter

A military intervention

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one proposed solution to address inflation in the U.S.?

Decrease interest rates

Increase domestic oil production

Raise taxes on businesses

Increase stimulus spending

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was a significant consequence of the stimulus spending in March of last year?

It led to a decrease in inflation.

It caused a significant increase in inflation.

It had no impact on the economy.

It resulted in a trade surplus.

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the speaker's view on raising taxes during the current economic situation?

It is necessary to control inflation.

It is the only solution to the economic crisis.

It will have no impact on the economy.

It should be avoided to prevent hurting the supply side.