Singapore Exports Unexpectedly Expand for Second Month in April

The video discusses the economic outlooks of Singapore and Japan amid the pandemic. Singapore shows some positive signs in pharmaceutical exports but faces challenges due to its export-oriented economy and limited domestic activity. Japan is in recession, with a less severe contraction than expected, but consumer caution and sluggish domestic activity persist. Both countries face external economic pressures, with uncertain recovery prospects.

What sector in Singapore saw a significant increase in exports during the pandemic?

• Textile

• Pharmaceutical

• Automobile

• Agriculture

What is the main reason for the cautious consumer behavior in Japan?

• High inflation rates

• National emergency

• Increase in taxes

• Political instability

How did Japan's economic contraction in the first quarter compare to expectations?

• There was no contraction

• It was larger than expected

• It was as expected

• It was smaller than expected

What is a common economic challenge faced by both Singapore and Japan?

• High domestic demand

• Rapid technological advancement

• Strong external economic support

• Lack of external economic support

What is the predicted economic outlook for the second quarter in both Singapore and Japan?

• Economic boom

• Sluggish performance

• Moderate growth

• Strong growth