VOICED: Sri Lankan exporters brace for life without EU tax breaks

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Business
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10th Grade - University
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Hard
Wayground Content
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5 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What has caused a 25% drop in orders for Carter ceramic factory?
Technological advancements reducing demand
Natural disasters affecting production
Decline in European demand due to economic issues
Increased competition from other countries
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why is the European Union withdrawing tax benefits from Sri Lankan exporters?
To reduce trade deficits with Sri Lanka
To encourage local production in Europe
Because of human rights allegations against the Sri Lankan government
Due to economic recession in Europe
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the main concern of business owners regarding the withdrawal of GSP Plus?
It will enhance the quality of products
It will improve the economic situation
It will not address the human rights issues
It will lead to increased competition
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What has the EU demanded in response to human rights allegations in Sri Lanka?
A change in government policies
Increased trade agreements
An independent investigation into alleged violations
A reduction in export tariffs
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How are ordinary people affected by the EU-Sri Lanka standoff?
They are experiencing improved working conditions
They are receiving more government support
They are benefiting from increased trade
They are facing job insecurity due to declining business
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