Weaker Yuan Expected Next Year, NAB's Attrill Says

Weaker Yuan Expected Next Year, NAB's Attrill Says

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The video discusses the potential increase in US tariffs on Chinese goods and China's economic strategies to counteract these measures. It explores the impact on currency markets, particularly the Chinese yuan, and China's foreign exchange policy. The discussion highlights the importance of maintaining economic stability and confidence in international markets while addressing the challenges posed by US tariffs.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the potential increase in tariff rate discussed in the video?

From 5% to 15%

From 10% to 25%

From 20% to 30%

From 15% to 35%

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How might China respond to the increased tariffs according to the video?

By reducing export subsidies

By increasing import taxes

By implementing monetary and credit policies

By increasing domestic production

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the market's current fixation regarding the Dollar-China exchange rate?

A 5 handle

A 8 handle

A 6 handle

A 7 handle

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why is the 7 handle for Dollar-China considered not particularly meaningful?

Because it is just a psychological number

Because it is a temporary fluctuation

Because it is a government-set rate

Because it is below the historical average

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one of China's strategic imperatives mentioned in the video?

To maintain international market confidence

To increase foreign investments

To increase export tariffs

To reduce domestic consumption