Why Gary Cohn Warned Against a Trade War

Why Gary Cohn Warned Against a Trade War

Assessment

Interactive Video

Business

University

Hard

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The transcript discusses post-career advice for someone who has had a high-profile career, suggesting philanthropy as a path forward. It then shifts to concerns about trade wars, highlighting the potential negative economic impacts and the inefficacy of tit-for-tat tariffs. Finally, it examines the impact of tax reform, noting that the expected benefits may be less significant due to existing tax havens and the actual tax rates before reform.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does the speaker suggest as a potential path for someone after significant career achievements?

Start a new business

Explore philanthropy

Write a memoir

Travel the world

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the speaker's view on the trade war?

It will create more jobs

It will strengthen alliances

It is beneficial for the economy

It is a waste of time

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

According to the speaker, what could be a consequence of trade disputes?

Wiping out economic benefits of tax cuts

Strengthening of the economy

Increase in manufacturing jobs

Improvement in international relations

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one reason analysts believe the tax reform hasn't had a huge impact?

Decrease in consumer spending

Rise in unemployment

Focus on stock buybacks

Increased government spending

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does the speaker say about the actual tax rate before the reform?

It was 25%

It was 35%

It was 17 to 18%

It was 30%