EU Can't Be Too Dependent on Foreign Powers: Commissioner Gentiloni

EU Can't Be Too Dependent on Foreign Powers: Commissioner Gentiloni

Assessment

Interactive Video

Business, Social Studies

University

Hard

Created by

Quizizz Content

FREE Resource

The video discusses the EU's cautious stance on the brewing conflict between the US and China, emphasizing the lessons learned from over-dependence on Russian energy. It highlights the EU's shift towards de-risking rather than decoupling from China, focusing on securing supply chains in strategic sectors like rare minerals. The EU aims to build its capacity while maintaining trade relations with China, avoiding economic risks.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What lesson did the EU learn from its dependency on foreign powers, particularly in the energy sector?

To increase reliance on Russian gas

To avoid repeating past mistakes and seek autonomy

To strengthen ties with China

To reduce trade with the United States

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How is the concept of 'de-risking' different from 'decoupling' in the context of EU-China relations?

Decoupling is about increasing dependency on China

De-risking focuses on securing supply chains without ending trade

Decoupling means maintaining current trade levels

De-risking involves cutting all ties with China

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What significant move is Italy reportedly considering regarding its relationship with China?

Reducing trade with the United States

Increasing trade with China

Opting out of the Belt and Road initiative

Joining the Belt and Road initiative

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why is it challenging for the EU to unwind its supply chains with China?

The EU lacks resources to build its own capacity

China has banned EU imports

The supply chains are deeply intertwined

The EU has no trade agreements with other countries

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What approach does the EU plan to take in securing its supply chains?

Relying solely on US support

Ending all trade relations with China

Building its own capacity in strategic sectors

Exploiting resources in Africa