APEC Secretariat's Bollard Says TPP Is Not Dead

The video discusses the state of global trade, focusing on the first 100 days of the Trump presidency and its impact on trade wars and protectionism. It examines the dynamics between China and the US, noting a decline in their trade percentage. The discussion extends to regional trade agreements like TPP and RCEP, highlighting the complexities and potential benefits. The economic outlook is cautiously optimistic, with a focus on electronic trade and non-tariff barriers. The video concludes with a call for continued regional economic integration and addressing the costs to certain economies.

What was one of the initial concerns regarding trade under the Trump administration?

• Strengthening ties with Russia

• Reducing trade with Canada

• A potential trade war with China

• Increased tariffs on European goods

What trend is observed in both China and the U.S. regarding trade?

• Increased outsourcing

• More onshoring activities

• Decreased energy prices

• Higher tariffs on imports

Which country is leading regional economic integration efforts in APEC?

• India

• Australia

• Vietnam

• Japan

What is a significant focus within APEC discussions besides tariffs?

• Tourism development

• Military alliances

• Electronic trade services

• Agricultural subsidies

What is a key challenge in implementing trade agreements like RCEP?

• Lack of interest from developed economies

• Limited participation from developing economies

• Complex negotiations and need for consensus

• High tariffs imposed by member countries

What role do developing economies play in current trade negotiations?

• They are leading the way in some negotiations

• They are mostly passive observers

• They focus solely on agricultural trade

• They oppose all trade agreements

What is a desired outcome of regional economic integration according to the ideal world scenario?

• Focus solely on developed economies

• Increased tariffs on imports

• Reduction in electronic commerce

• Equalization of benefits across the region