CLEAN : High cost risk for China EU

CLEAN : High cost risk for China EU

Assessment

Interactive Video

Business, Social Studies

9th - 12th Grade

Hard

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The video discusses the symbolic role of industry in Europe's economy, highlighting its limited impact on GDP. It then explores China's dissatisfaction with the solar panel issue, emphasizing the need for political dialogue to resolve trade disputes. The potential short and long-term impacts of these disputes are analyzed, with a focus on the high costs for both economies if unresolved. Finally, the video addresses China's production capacity challenges, suggesting that reform and industry consolidation are necessary due to insufficient global demand.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main reason for the symbolic trade issues between Europe and China?

Europe's economic dependency on China

The importance of industry to Europe's GDP

The strong industrial base of Europe

China's dissatisfaction with the solar panel issue

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is expected in the short term regarding the trade disputes between Europe and China?

A complete resolution of the disputes

Increased political dialogues and discussions

Immediate economic benefits for both parties

A significant trade war

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What could be the consequence if Europe and China fail to resolve their trade disputes?

A boost in global demand

Increased production capacity in China

High costs for both economies

Minimal impact on both economies

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What challenge does China face with its production capacity?

Over-reliance on European markets

Lack of production capacity

Excessive global demand

Insufficient global demand

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is suggested as a solution for China's economic challenges?

Increasing exports to Europe

Seeking more external demand

Expanding its production capacity

Reforming and consolidating its industries