U.K. Post-Brexit Vote, a Tale of Two Economies

The video discusses the economic impacts of Brexit on the second quarter, noting no significant negative effects yet. It highlights the ongoing economic divergence within the Euro area, with Germany as a strong performer and Italy lagging. The Euro area economy is expanding, narrowing the output gap and supporting inflationary pressures. The video also examines China's economic slowdown, attributing it partly to seasonality and volatility, but noting it remains mild. The Chinese government has options for fiscal stimulus to maintain its growth target.

What was the impact of Brexit on the second quarter data for the euro area economy?

• Data not available

• No significant impact

• Significant negative impact

• Positive impact

Which country is described as the powerhouse of Europe?

• Italy

• Spain

• France

• Germany

What is the current trend of the euro area economy's growth?

• No growth

• Above trend

• In line with trend

• Below trend

What is one reason for the economic slowdown in China?

• Lack of resources

• High inflation

• Seasonality and volatility

• Political instability

What type of stimulus is China likely to use to combat the slowdown?

• Monetary stimulus

• Fiscal stimulus

• Technological stimulus

• Trade stimulus