Gaining Ground: Pound Rises for First Time Since Brexit

Gaining Ground: Pound Rises for First Time Since Brexit

Assessment

Interactive Video

Business, Social Studies

University

Hard

Created by

Quizizz Content

FREE Resource

The video discusses the market's reaction to recent economic events, focusing on currency fluctuations and the impact of Brexit. It highlights the UK's economic challenges, including a current account deficit and potential currency collapse. The discussion extends to the Euro's resilience and the potential for contagion within the EU. The impact on various industries, such as tourism and education, is also covered. The video concludes with an analysis of the Japanese yen's strength as a safe haven currency.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one of the main reasons for the potential further depreciation of the pound against the dollar?

The UK's strong economic growth

The UK's current account deficit

The UK's trade surplus with the EU

The UK's current account surplus

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why has the euro remained resilient despite Brexit?

Due to strong economic growth in the Eurozone

Because of the lack of contagion effects from Brexit

Because of the Eurozone's current account deficit

Due to the Eurozone's expansionary fiscal policy

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one potential benefit for the UK economy post-Brexit?

Higher consumer confidence

Stronger currency value

Increased business investment

Increased inbound tourism

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why is the Japanese yen considered a safe haven currency?

Japan's current account deficit

Japan's high inflation rate

Japan's large foreign investments

Japan's low savings rate

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What might trigger more radical economic actions by Japan?

The results of the Japanese tankan survey

An increase in market risk appetite

A rise in the dollar-yen exchange rate

A decrease in the yen's value