IMF's Global Growth Outlook Cut to Lowest Since Financial Crisis

IMF's Global Growth Outlook Cut to Lowest Since Financial Crisis

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The video discusses the global economic outlook, highlighting a delicate recovery in 2019 due to reliance on stressed economies like Argentina and Turkey. Trade tensions, particularly between the US and China, pose significant risks. The US trade deficit and China's fiscal policies are analyzed, with a focus on their impact on global growth. India's economic growth is promising, driven by strong investment and consumption. The IMF's forecasting challenges are also addressed, emphasizing the uncertainties in economic projections.

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7 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the projected global expansion rate for 2019?

4.0%

3.6%

2.9%

3.3%

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which countries' recovery is crucial for the global economic recovery in 2020?

South Africa and Mexico

Brazil and Russia

Argentina and Turkey

India and China

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a significant risk mentioned in relation to US trade policy?

Reduction in agricultural exports

Trade tensions spilling over to the auto sector

Increased tariffs on electronics

Decrease in technology investments

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What factor influences the size of trade deficits in the US?

Currency exchange rates

Oil prices

Aggregate demand levels

Interest rates

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does fiscal stimulus in China affect its trade surplus?

Has no effect

Increases the surplus

Reduces the surplus

Doubles the surplus

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is India's projected growth rate for 2019 and 2020?

5%

6%

8%

7%

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a challenge mentioned in economic forecasting?

Lack of data

Over-reliance on technology

Static analysis

Uncertainty and unforeseen events