Renminbi Depreciation Is Not By Manipulation, Posen Says

Renminbi Depreciation Is Not By Manipulation, Posen Says

Assessment

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Business

University

Hard

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The video discusses China's response to US tariff threats, emphasizing a preference for dialogue over the US's carrot-and-stick approach. It explores the potential depreciation of the renminbi, noting it will be orderly and slow. The video also addresses the debate on whether China's currency actions constitute manipulation, concluding that current market reactions are not manipulative. Finally, it examines factors leading to the strengthening of the US dollar, including tariff policies and fiscal measures.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the expected nature of the renminbi's depreciation in response to US tariffs?

An orderly and slow depreciation

An immediate appreciation

A rapid and uncontrolled decline

A complete stabilization

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does the transcript describe China's currency behavior in response to US tariffs?

As a form of government manipulation

As a rational market reaction

As an aggressive retaliation

As a passive acceptance

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which historical period is mentioned in relation to China's currency manipulation?

2016-2020

1990-1994

2004-2009

2010-2015

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one reason mentioned for the strengthening of the US dollar?

Fiscal blowout leading to higher interest rates

Decreasing interest rates

Reduction in trade tariffs

Stabilization of global markets

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which countries are mentioned as potentially affected by US auto tariffs?

Brazil and Argentina

Australia and New Zealand

India and Pakistan

Japan and Germany