CLEAN : London finance sector optimistic on Brexit transition

CLEAN : London finance sector optimistic on Brexit transition

Assessment

Interactive Video

Business, Social Studies

10th - 12th Grade

Hard

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The transcript discusses the City of London's optimism about reaching a transition agreement soon, with both the EU and UK sides seeing it as necessary. It argues that apocalyptic job loss scenarios in London due to Brexit are exaggerated, though some adjustments are expected. Brexit's impact is limited for some businesses in the City of London. The transcript also highlights the shrinking share of Europe in the global economy and population, suggesting that jobs leaving London might relocate to other global financial hubs like Singapore or New York.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the general sentiment in the City of London regarding a transition agreement?

Pessimistic and doubtful

Optimistic and hopeful

Indifferent and neutral

Concerned and anxious

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How have the predictions about job losses in London due to Brexit been characterized?

Accurate and precise

Ignored

Underestimated

Exaggerated

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is acknowledged about Brexit in terms of its impact?

It is a minor event with no consequences

It is a disruptive event with some consequences

It will have no impact on job markets

It will lead to immediate economic growth

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

For some businesses in the City of London, how significant is being part of the European Union?

Marginal or limited significance

Not significant at all

Moderately significant

Extremely significant

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Where might jobs leaving London potentially relocate to?

Tokyo or Sydney

Singapore or New York

Paris or Berlin

Dubai or Mumbai