What Chinas Trade Surplus Means for the Economy

What Chinas Trade Surplus Means for the Economy

Assessment

Interactive Video

Business

University

Hard

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The video discusses the unexpected rise in China's export and import figures, with significant increases to Hong Kong and South Korea. It examines whether these changes indicate a genuine rise in global and domestic demand or are due to temporary factors. The implications for China's economy are considered, including potential effects on GDP growth and the likelihood of further economic stimulus measures. The analysis suggests that if demand remains strong, China may not need additional major economic interventions.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the percentage increase in exports to Hong Kong?

20%

30%

40%

50%

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which country saw a significant increase in imports from China?

Vietnam

India

South Korea

Japan

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How might the increase in external and domestic demand affect China's GDP growth?

It might have no effect on GDP growth.

It could lead to a decrease in GDP growth.

It could support and sustain GDP growth.

It could cause GDP growth to stagnate.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one of the current economic measures being taken by China?

Increasing taxes

Raising interest rates

Easing mortgage policies

Reducing exports

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What might reduce the likelihood of major economic stimulus in China?

Sustained global and domestic demand

Increased government spending

A drop in the property market

A decrease in global demand