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The video discusses the 2021 global competitiveness rankings, highlighting Denmark's unprecedented top position. It explains the concept of competitiveness as a country's ability to generate prosperity, growth, and jobs, influenced by factors like infrastructure and education. The impact of COVID-19 on rankings is examined, noting China's drop due to strict policies. Hong Kong's high ranking is questioned due to political issues, while Singapore is praised for its strategic vision and business-friendly environment.

Which country unexpectedly topped the global competitiveness rankings for the first time?

• Denmark

• Singapore

• Switzerland

• United States

What is a key aspect of competitiveness according to the discussion?

• Ability to generate prosperity and jobs

• Ability to lower costs

• Ability to increase exports

• Ability to attract tourists

How did COVID-19 policies affect China's position in the rankings?

• Caused a drop in its ranking

• Had no effect

• Improved its ranking

• Made it the top-ranked country

What factor contributed to the better performance of European countries like Denmark in 2021?

• Higher healthcare spending

• Stricter lockdowns

• Increased exports

• Earlier reopening

Why is Hong Kong considered a unique case in the rankings?

• It has the highest GDP

• It has a large population

• It is part of a larger institutional arrangement

• It has no political issues

What makes Singapore a 'poster child' of competitiveness?

• Its geographical position

• Its large population

• Its high export rates

• Its clear strategy and vision

What challenge is Singapore facing despite its high ranking?

• Difficulty in obtaining visas for expats

• Poor healthcare system

• Lack of infrastructure

• High unemployment rates