German August Exports Fall 5.8% in Month

German August Exports Fall 5.8% in Month

Assessment

Interactive Video

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Business

University

Hard

The video discusses recent disappointing economic data, including a significant decline in factory orders and industrial production since 2009. It highlights the unexpected drop in exports and imports for August, with Germany exporting and importing less than anticipated. The trade balance remains positive, but the falling exports and imports raise questions about the European Central Bank's policy response.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What significant economic trend was observed in the factory orders and industrial production data?

An increase since 2009

A decline since 2009

Stability since 2009

A minor fluctuation since 2009

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

By what percentage did exports fall in August, according to the data?

1.3%

4%

5.8%

0.9%

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the expected change in imports according to analysts?

An increase of 1.3%

A decrease of 1.3%

An increase of 0.9%

A decrease of 0.9%

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the trade balance of Germany as mentioned in the transcript?

14.1 billion euros

1.3 billion euros

5.8 billion euros

10.3 billion euros

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What question is raised regarding the European Central Bank's policy?

What is the impact on the eurozone currency?

How to increase exports?

What does the economic decline mean for ECB policy?

How to stabilize the trade balance?