Germany's Entire Credit Channel Impaired by Negative Rates, Knapp Says

Germany's Entire Credit Channel Impaired by Negative Rates, Knapp Says

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The video discusses the economic challenges faced by export-dependent countries like Germany, China, Japan, and South Korea due to declining global trade. It highlights Germany's need to restructure its economy by stimulating domestic demand and investment. The video also addresses the impaired credit systems in these countries, particularly focusing on China's efforts to stimulate lending to SMEs amidst bank failures.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which countries are mentioned as having similar economic problems due to globalization?

United States, Canada, Mexico, Brazil

India, Russia, Australia, New Zealand

Germany, China, Japan, South Korea

France, Italy, Spain, Portugal

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is suggested as a way for Germany to stimulate domestic demand?

Cutting corporate and individual taxes

Expanding the manufacturing sector

Reducing government spending

Increasing import tariffs

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What economic issue is Germany facing that makes it difficult for the economy to turn around?

Negative yields and distrusted banks

Over-reliance on tourism

High inflation rates

Excessive government debt

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What recent event in China highlighted the challenges in its credit system?

A significant drop in interbank lending

A surge in foreign investments

An increase in export tariffs

A rise in consumer spending

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a common problem faced by Japan, South Korea, and Germany in terms of credit channels?

High interest rates

Impaired credit channels

Over-regulation of financial markets

Lack of foreign investments