Global Currencies and Central Banks' Race to the Bottom

Global Currencies and Central Banks' Race to the Bottom

Assessment

Interactive Video

Business, Physics, Science

University

Hard

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The transcript discusses global economic challenges, focusing on the limits of fiscal and monetary policies, the role of trade and technology in growth, and the implications of currency adjustments. It highlights the need for structural policy changes and the impact of inflation on interest rates. The discussion also touches on the importance of trade agreements and deregulation to foster technological progress.

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7 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was a key focus of the G20 meetings in Shanghai regarding economic policies?

Exploring the limits of fiscal and monetary policies

Reducing unemployment rates

Implementing new tax reforms

Increasing interest rates

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a major concern related to global trade discussed in the transcript?

Lack of technological innovation

Overregulation of industries

Diminishing global trade on a structural basis

Increasing tariffs

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a suggested solution to prevent the decline in global trade?

Increasing tariffs

Reducing technological advancements

Broadening trade agreements

Focusing on domestic markets

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a paradox mentioned in the context of currency devaluation?

Currency strength is irrelevant to trade

All currencies can be strong at the same time

Not all currencies can be weak at the same time

Devaluation leads to economic growth

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the recommended focus for central banks instead of monetary policy?

Enhancing currency devaluation

Increasing interest rates

Implementing structural changes

Reducing government spending

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the expected US inflation rate for 2016 according to the new forecast?

3.0%

1.2%

1.7%

2.0%

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the potential impact on Asia if the Fed is unable to raise rates?

Increased economic growth

Stronger currency values

Higher inflation rates

Economic instability