APEC's Bollard Says TPP Could Be Pushed Through

The transcript discusses global trade prospects, highlighting growth trends and the role of China. It examines APEC's efforts in regional cooperation and the impact of multilateral trade agreements. The text also addresses trade risks, including geopolitical and protectionist threats, and the potential of the TPP agreement. Finally, it touches on economic recovery post-financial crisis and the influence of nationalist policies on trade.

What is the expected growth rate for China in the second half of the year?

• 7%

• 6%

• 8%

• 5%

How does APEC differ from organizations like the WTO?

• It is legally binding

• It focuses on bilateral agreements

• It has a dispute resolution mechanism

• It is voluntary and consensus-based

What message is hoped to be delivered by President Trump at the APEC meeting?

• Support for unilateral trade

• Recognition of multilateral trade importance

• Withdrawal from all trade agreements

• Focus on domestic trade only

What are some of the risks to trade mentioned in the discussion?

• Environmental changes

• Cultural differences

• Technological advancements

• Geopolitical and protectionist risks

What is the significance of the TPP 11 agreement?

• It includes all APEC members

• It is a bilateral agreement

• It is not important for the region

• It could boost regional trade

How long has the recovery from the financial crisis taken?

• 5 years

• 20 years

• 10 years

• 15 years

Which countries are mentioned as having good conditions for recovery?

• Australia and New Zealand

• India and Pakistan

• Brazil and Argentina

• Russia and Ukraine