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

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

Assessment

Interactive Video

Business

10th Grade - University

Hard

Created by

Quizizz Content

FREE Resource

Carter's ceramic factory, once thriving due to European demand, faces a downturn with a 25% drop in orders as the EU withdraws tax benefits over human rights concerns. This move threatens jobs, as the factory's workers fear unemployment. Business owners argue that the EU's actions won't improve the situation and may worsen it. The EU demands an independent probe into civil war abuses, which the Sri Lankan government refuses. The ongoing standoff affects ordinary people, with businesses struggling to protect jobs.

Read more

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