Boss of Ford says free trade deal between EU and UK post-BREXIT is car makers priority

Boss of Ford says free trade deal between EU and UK post-BREXIT is car makers priority

Assessment

Interactive Video

Business

University

Hard

Created by

Quizizz Content

FREE Resource

The video discusses the Ford Fiesta's status as the UK's top-selling car and the challenges posed by Brexit. It highlights the potential impact of a 10% tariff on the car industry, which could increase costs significantly. The video also explores global trade concerns, particularly the rise of protectionism in the US and France. It concludes with the car industry's cautious approach to Brexit, emphasizing the need for fair treatment across manufacturers.

Read more

5 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the primary concern for Ford's global boss regarding Brexit?

Securing free trade between the UK and the EU

Increasing car prices in the UK

Reducing the workforce in Europe

Expanding Ford's market in Germany

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How much could tariffs potentially increase the cost for the motor manufacturing industry annually?

£6 billion

£1 billion

£4.5 billion

£2.5 billion

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a significant concern for multinationals in the current international trade environment?

The rise of inward-looking populism

The decrease in global car sales

The increase in fuel prices

The shortage of skilled labor

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What assurance is Ford seeking from the UK government post-Brexit?

Tax reductions for car exports

Equal treatment as other car manufacturers

Subsidies for electric vehicles

Exclusive trade deals

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What strategy are major car manufacturers employing in response to Brexit?

Publicly criticizing the UK government

Reducing production in the UK

Maneuvering behind the scenes for favorable deals

Increasing investments in Asia