What is the main challenge in transitioning from a US-centered to a China-centered global trading system?
Can China Fill the Gap If the U.S. Retreats on Trade?

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7 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Decreased trade opportunities
Higher US deficits
Fiscal contraction in other countries
Increased global surpluses
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the primary focus of China's economy according to the transcript?
Export-driven
Investment-driven
Consumption-driven
Service-driven
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a significant challenge China faces in reducing its trade surplus?
Decreasing consumption
Increasing exports
Reducing investment
Increasing domestic demand
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is required for China to maintain its current growth targets?
Decreasing investment by 40%
Increasing consumption by 40%
Increasing indebtedness by 40% of GDP
Reducing GDP by 40%
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a potential consequence of monetizing debt in China?
Higher investment productivity
Transfer of wealth from households
Decreased unemployment
Increased household wealth
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a concern when weakening the renminbi?
Increasing savings
Decreasing exports
Increasing consumption
Decreasing savings
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What might happen if China runs out of currency reserves?
The currency will depreciate
The currency will appreciate
Capital outflows will increase
The central bank will intervene
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