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China February Exports Fall 25.4%

China February Exports Fall 25.4%

Assessment

Interactive Video

Business

University

Practice Problem

Hard

Created by

Wayground Content

FREE Resource

The video discusses the significant decline in exports and imports, highlighting a 25.4% drop in exports year-over-year in February, which is much worse than the expected 14.5% decline. Imports also fell by 13.8%, slightly more than the anticipated 12%. These changes have narrowed the trade surplus from a record $63.3 billion in January to $32.59 billion in February. The video provides a detailed analysis of these figures, considering both dollar and yuan terms, and emphasizes the unexpected nature of these economic shifts.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the percentage drop in exports in February compared to the previous year?

14.5%

13.8%

25.4%

11.2%

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How did the export decline in February compare to the economists' expectations?

It was less than expected

It matched expectations

It was more than expected

It was not mentioned

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the actual percentage decrease in imports in February?

12%

25.4%

13.8%

11.2%

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the trade surplus in January before it narrowed in February?

$13 billion

$63.3 billion

$51 billion

$32.59 billion

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the trade surplus in February after the decline in exports?

$32.59 billion

$13 billion

$51 billion

$63.3 billion

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